Relx (LON:REL) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Relx Plc (LON:REL)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3,505.08 ($45.51) and traded as high as GBX 3,644 ($47.31). Relx shares last traded at GBX 3,593 ($46.65), with a volume of 2,136,598 shares traded.

Analysts Set New Price Targets

Separately, Citigroup restated a “neutral” rating on shares of Relx in a report on Thursday, July 4th.

Relx Trading Down 1.5 %

The company has a market cap of £66.83 billion, a price-to-earnings ratio of 3,593.00, a P/E/G ratio of 2.69 and a beta of 0.48. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 218.66. The firm’s 50-day moving average price is GBX 3,571.34 and its 200 day moving average price is GBX 3,505.08.

Relx Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Thursday, August 1st were given a dividend of GBX 18.20 ($0.24) per share. This represents a dividend yield of 0.52%. The ex-dividend date was Thursday, August 1st. Relx’s dividend payout ratio (DPR) is 6,000.00%.

Insider Transactions at Relx

In related news, insider June Felix acquired 1,400 shares of Relx stock in a transaction dated Monday, September 30th. The stock was bought at an average price of GBX 3,504 ($45.49) per share, with a total value of £49,056 ($63,692.55). Insiders own 0.42% of the company’s stock.

Relx Company Profile

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.