Relx (NYSE:RELX) Hits New 52-Week High at $42.32

Relx Plc (NYSE:RELXGet Free Report) hit a new 52-week high on Friday . The company traded as high as $42.32 and last traded at $42.29, with a volume of 914124 shares. The stock had previously closed at $41.76.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Relx from a “buy” rating to a “hold” rating in a report on Thursday, January 25th.

Read Our Latest Stock Report on Relx

Relx Trading Up 1.7 %

The firm has a 50 day simple moving average of $40.21 and a 200 day simple moving average of $36.47. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.42 and a current ratio of 0.48.

Institutional Investors Weigh In On Relx

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Atria Investments Inc boosted its holdings in Relx by 10.7% in the third quarter. Atria Investments Inc now owns 58,440 shares of the technology company’s stock worth $1,969,000 after purchasing an additional 5,635 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in Relx by 27.4% in the second quarter. Lazard Asset Management LLC now owns 8,246,265 shares of the technology company’s stock worth $275,672,000 after purchasing an additional 1,775,648 shares during the last quarter. Paradigm Asset Management Co. LLC boosted its stake in shares of Relx by 54.6% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 88,100 shares of the technology company’s stock worth $2,969,000 after acquiring an additional 31,100 shares during the last quarter. NewEdge Wealth LLC boosted its stake in shares of Relx by 34.8% during the 3rd quarter. NewEdge Wealth LLC now owns 64,218 shares of the technology company’s stock worth $2,164,000 after acquiring an additional 16,579 shares during the last quarter. Finally, Hexagon Capital Partners LLC boosted its stake in shares of Relx by 18.1% during the 3rd quarter. Hexagon Capital Partners LLC now owns 3,751 shares of the technology company’s stock worth $126,000 after acquiring an additional 574 shares during the last quarter. Hedge funds and other institutional investors own 3.56% of the company’s stock.

About Relx

(Get Free Report)

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.

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