A number of other research firms have also issued reports on RENX. BidaskClub upgraded Relx from a hold rating to a buy rating in a research report on Friday, October 13th. Zacks Investment Research lowered Relx from a buy rating to a hold rating in a research report on Thursday, September 28th.
Relx (NYSE:RENX) opened at $22.55 on Wednesday. Relx has a 12-month low of $16.30 and a 12-month high of $23.30. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.47 and a quick ratio of 0.43.
A number of hedge funds have recently made changes to their positions in RENX. PNC Financial Services Group Inc. boosted its position in Relx by 120.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,961 shares of the technology company’s stock worth $102,000 after acquiring an additional 2,707 shares during the period. Advisors Preferred LLC acquired a new position in Relx during the 3rd quarter worth $122,000. CIBC World Markets Inc. acquired a new position in Relx during the 2nd quarter worth $211,000. Jarislowsky Fraser Ltd acquired a new position in Relx during the 3rd quarter worth $317,000. Finally, Evergreen Capital Management LLC acquired a new position in Relx during the 3rd quarter worth $394,000. Institutional investors own 1.19% of the company’s stock.
Relx Company Profile
RELX NV is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.
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