As of Friday close, RELX PLC’s (NYSE:RELX) stock was up $0.07, moving up 0.22 percent to $31.63. The average number of shares traded per day over the past five days has been 708,160 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.01 fall in that time frame. In the last twenty days, the average volume was 728,905, while in the previous 50 days, it was 704,296.
Since last month, RELX stock retreated -4.61%. Shares of the company fell to $31.38 on 08/18/23, the lowest level in the past month. A 52-week high of $34.49 was reached on 07/27/23 after having rallying from a 52-week low of $23.39. Since the beginning of this year, RELX’s stock price has risen by 14.11% or $3.91, and marked a new high 25 times. However, the stock has declined by -8.29% since its 52-week high.
Valuation Metrics
The latest dividend of $0.2195 per share was paid out, which is -52.9% less than last year’s $0.4660. On Tuesday July 25 2023, a $0.2465 dividend decrease was announced.
Financial Health
On the profitability front, the trailing twelve-month gross margin is 64.40% percent. Based on annual data, RELX earned $6.81 billion in gross profit and brought in $10.58 billion in revenue.
RELX’s revenue rose 1.85% during the quarter, while net income inched up to $7.24 billion. The liabilities of RELX PLC were 14.29 billion at the end of its most recent quarter, and its total debt was $6.8 billion.
Technical Picture
This quick technical analysis looks at RELX PLC’s (RELX) price momentum. With a historical volatility rate of 13.35%, the RSI 9-day stood at 29.64% on 18 August.
With respect to its five-day moving average, the current RELX PLC price is down by -3.09% percent or -$1.01. At present, RELX shares trade -5.53% below its 20-day simple moving average and -0.53% percent below its 100-day simple moving average. However, the stock is currently trading approximately -0.82% below its SMA50 and +17.32% above its SMA200.
Stochastic coefficient K was 6.41% and Stochastic coefficient D was 6.14%, while ATR was 0.45. Given the Stochastic reading of 11.90% for the 14-day period, the RSI (14) reading has been calculated as 36.14%. As of today, the MACD Oscillator reading stands at -0.74, while the 14-day reading stands at -0.90.
Analyst Ratings
RELX PLC downgraded its rating on RELX PLC (NYSE: RELX) to an Equal weight in a note to investors on January 31, 2023. The analysts firm previously had an Overweight rating on the stock.RELX PLC (RELX) has been rated Overweight by analysts. According to 0 brokerage firms, RELX is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate RELX PLC stock as buy, with 1 recommending it as overweight.
With a median target price of $37.90, the current consensus forecast for the stock is $37.00 – $38.80. Based on these forecasts, analysts predict RELX PLC (RELX) will achieve an average price target of $37.90.
