Recent extremely meaningful negative changes in investment behavior have impacted RELX PLC (NYSE: RELX): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
RELX PLC (NYSE: RELX) has recently experienced slight negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
RELX has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. RELX has a very low Appreciation Score of 15 but a slightly positive Power Rating of 69, triggering the Negative Value Trend Rating.
Recent Price Action
RELX PLC (NYSE: RELX) stock declined by -3.3% on 11/15/24. The shares closed at $44.45. Moreover, trading volume in this decline was unusually high at 181% of normal. Relative to the market the stock has been strong over the last nine months but has declined -6.7% during the last week.
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