RELX Plc ADR (NYSE: RELX) Slashes -0.39%: The Most Likely Path Going Forward

RELX Plc ADR (NYSE:RELX) shares, rose in value on Friday, May 09, with the stock price down by -0.39% to the previous day’s close as strong demand from buyers drove the stock to $53.85.

Actively observing the price movement in the last trading, the stock closed the session at $54.06. The PE ratio was 40.90 over 12-month period. Referring to stock’s 52-week performance, its high was $55.21, and the low was $42.77. On the whole, RELX has fluctuated by 10.94% over the past month.

With the market capitalization of RELX Plc ADR currently standing at about $99.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.80, with its dividend yield at 1.48%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RELX’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 3.52, with the price of RELX currently trading nearly 1.38% and 6.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.59, while the 7-day volatility ratio is showing 0.89% which for the 30-day chart, stands at 1.28%. Furthermore, RELX Plc ADR (RELX)’s beta value is 0.87, and its average true range (ATR) is 0.88.

A comparison of RELX Plc ADR (RELX) with its peers suggests the former has fared considerably weaker in the market. RELX showed an intraday change of -0.39% in last session, and over the past year, it grew by 25.55%%.

Data on historical trading for RELX Plc ADR (NYSE:RELX) indicates that the trading volumes over the past 3 months, they’ve averaged 734.53K. According to company’s latest data on outstanding shares, there are 1.86 billion shares outstanding.

Nearly 0.00% of RELX Plc ADR’s shares belong to company insiders and institutional investors own 4.28% of the company’s shares. The stock has risen by 18.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RELX stock heading into the next quarter.

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