Relx (LON:REL) Sets New 52-Week High – Still a Buy?

Relx Plc (LON:REL) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 3,694 ($48.24) and last traded at GBX 3,672 ($47.95), with a volume of 3599207 shares. The stock had previously closed at GBX 3,604 ($47.06).

Analyst Ratings Changes

Separately, Citigroup reaffirmed a “neutral” rating on shares of Relx in a research note on Thursday, July 4th.

Relx Stock Performance

The company has a market capitalization of £68.30 billion, a PE ratio of 3,672.00, a price-to-earnings-growth ratio of 2.57 and a beta of 0.48. The company has a debt-to-equity ratio of 218.66, a quick ratio of 0.45 and a current ratio of 0.48. The stock’s fifty day simple moving average is GBX 3,560.06 and its 200-day simple moving average is GBX 3,494.80.

Relx Cuts Dividend

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

Insider Activity

In related news, insider June Felix purchased 1,400 shares of the firm’s stock in a transaction on Monday, September 30th. The shares were bought at an average price of GBX 3,504 ($45.76) per share, for a total transaction of £49,056 ($64,058.50). Corporate insiders own 0.42% of the company’s stock.

About Relx

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.