Relx (RELX) Sees Unusually-High Trading Volume

Relx PLC (NYSE:RELX) saw an uptick in trading volume on Tuesday . 1,241,611 shares changed hands during mid-day trading, an increase of 193% from the previous session’s volume of 423,323 shares.The stock last traded at $22.30 and had previously closed at $22.09.

Several brokerages have weighed in on RELX. Zacks Investment Research downgraded Relx from a “hold” rating to a “sell” rating in a research note on Wednesday, April 17th. Deutsche Bank downgraded Relx from a “buy” rating to a “hold” rating in a research note on Wednesday, February 13th.

The company has a debt-to-equity ratio of 2.11, a current ratio of 0.44 and a quick ratio of 0.40. The firm has a market cap of $23.35 billion, a P/E ratio of 19.73, a P/E/G ratio of 3.19 and a beta of 0.53.



The firm also recently declared a semiannual dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 3rd will be issued a $0.2278 dividend. The ex-dividend date is Thursday, May 2nd. This represents a dividend yield of 1.96%. Relx’s dividend payout ratio is currently 46.90%.

Several institutional investors and hedge funds have recently bought and sold shares of RELX. Moody National Bank Trust Division acquired a new stake in shares of Relx in the 4th quarter valued at approximately $26,000. We Are One Seven LLC acquired a new stake in shares of Relx in the 4th quarter valued at approximately $26,000. Financial Gravity Wealth Inc. acquired a new stake in shares of Relx in the 1st quarter valued at approximately $30,000. Cornerstone Advisors Inc. lifted its holdings in shares of Relx by 111.7% in the 3rd quarter. Cornerstone Advisors Inc. now owns 1,696 shares of the technology company’s stock valued at $35,000 after buying an additional 895 shares during the period. Finally, Financial Gravity Companies Inc. acquired a new stake in shares of Relx in the 4th quarter valued at approximately $50,000. 4.28% of the stock is owned by institutional investors and hedge funds.

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About Relx (NYSE:RELX)

RELX PLC provides information based-analytics and decision tools for professional and business customers in the United States and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics to institutions and professionals that enables progress in science, advance healthcare, and performance improvement.

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