Relx Plc (NYSE:RELX - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $49.58 and last traded at $49.47, with a volume of 682654 shares trading hands. The stock had previously closed at $49.12.
Analysts Set New Price Targets
Several equities research analysts have recently commented on RELX shares. StockNews.com started coverage on Relx in a report on Wednesday, October 30th. They set a "hold" rating for the company. Redburn Atlantic started coverage on Relx in a research note on Wednesday, January 8th. They issued a "buy" rating for the company.
View Our Latest Stock Analysis on Relx
Relx Price Performance
The firm has a 50 day moving average of $47.13 and a 200-day moving average of $46.81. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.48 and a quick ratio of 0.42.
Institutional Investors Weigh In On Relx
Several hedge funds have recently bought and sold shares of RELX. FMR LLC raised its stake in shares of Relx by 8.3% during the 3rd quarter. FMR LLC now owns 7,148,837 shares of the technology company's stock worth $339,284,000 after purchasing an additional 548,423 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of Relx by 3.4% during the 3rd quarter. Captrust Financial Advisors now owns 1,103,797 shares of the technology company's stock worth $52,386,000 after purchasing an additional 35,807 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Relx by 14.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 826,481 shares of the technology company's stock worth $39,225,000 after purchasing an additional 104,999 shares in the last quarter. Reynders McVeigh Capital Management LLC raised its stake in shares of Relx by 31.8% during the 3rd quarter. Reynders McVeigh Capital Management LLC now owns 495,004 shares of the technology company's stock worth $23,493,000 after purchasing an additional 119,405 shares in the last quarter. Finally, Eagle Ridge Investment Management raised its stake in shares of Relx by 1.2% during the 3rd quarter. Eagle Ridge Investment Management now owns 316,601 shares of the technology company's stock worth $15,026,000 after purchasing an additional 3,779 shares in the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.
Relx Company Profile
(
Get Free Report)
RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.
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