RELX Stock Summary and Trading Ideas (Relx PLC Plc American Depositary Shares (Each Representing One Ordinary Share) | NYSE:RELX)

RELX is a global provider of information-based analytics and decision tools for professional and business customers in various industries. The company serves sectors such as science and medical research, risk management, and legal. In addition, RELX organizes large-scale digital and face-to-face events such as industry trade shows. Around 60% of revenue is generated in North America and about 20% in Europe.

Relx PLC Plc American Depositary Shares (Each Representing One Ordinary Share) trades on the NYSE stock market under the symbol RELX.

As of April 19, 2024, RELX stock price declined to $41.07 with 1,054,971 million shares trading.

RELX has a beta of 0.96, meaning it tends to be less sensitive to market movements. RELX has a correlation of 0.31 to the broad based SPY ETF.

RELX has a market cap of $76.91 billion. This is considered a Large Cap stock.

In the last 3 years, RELX stock traded as high as $44.75 and as low as $23.39.

The top ETF exchange traded funds that RELX belongs to (by Net Assets): DIHP, APIE, AVDE, DFIC, PID.

RELX has outperformed the market in the last year with a price return of +27.8% while the SPY ETF gained +21.2%. However, in the short term, RELX had mixed performance relative to the market. It has underperformed in the last 3 months, returning -1.3% vs +4.3% return in SPY. But in the last 2 weeks, RELX shares have fared better than the market returning -1.0% compared to SPY -3.5%.

RELX support price is $41.00 and resistance is $41.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RELX stock will trade within this expected range on the day.