Relx (LON:REL) Sets New 12-Month Low at $43.54

Relx Plc (LON:REL)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 43.54 ($0.56) and last traded at GBX 3,673 ($47.25), with a volume of 2834213 shares traded. The stock had previously closed at GBX 3,688 ($47.44).

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a “neutral” rating on shares of Relx in a research report on Thursday, July 4th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of GBX 3,327.50 ($42.80).

Relx Stock Down 0.4 %

The firm has a market capitalization of £68.69 billion, a PE ratio of 4,036.26, a P/E/G ratio of 3.83 and a beta of 0.46. The firm’s 50 day moving average price is GBX 3,550.10 and its two-hundred day moving average price is GBX 3,427.15. The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 188.92.

Relx Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, September 5th. Stockholders of record on Thursday, August 1st will be paid a GBX 18.20 ($0.23) dividend. The ex-dividend date of this dividend is Thursday, August 1st. This represents a dividend yield of 0.52%. Relx’s dividend payout ratio (DPR) is presently 6,483.52%.

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.