Reckitt Benckiser Group (OTCMKTS:RBGLY) Sees Unusually-High Trading Volume – What’s Next?

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLYGet Free Report) saw unusually-strong trading volume on Friday . Approximately 1,619,087 shares changed hands during mid-day trading, an increase of 148% from the previous session’s volume of 653,662 shares.The stock last traded at $12.31 and had previously closed at $12.16.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on RBGLY shares. Kepler Capital Markets upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Morgan Stanley upgraded shares of Reckitt Benckiser Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 16th. Finally, Zacks Research lowered shares of Reckitt Benckiser Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on RBGLY

Reckitt Benckiser Group Price Performance

The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.63 and a current ratio of 0.85. The stock’s 50-day moving average is $13.11 and its two-hundred day moving average is $15.07.

About Reckitt Benckiser Group

(Get Free Report)

Reckitt Benckiser Group plc is a multinational consumer goods company that develops, manufactures and markets health, hygiene and home products. Its portfolio spans over-the-counter medicines and health products, personal and sexual wellness, surface and laundry cleaning, and household care. The company owns a number of well-known global brands across these categories, including Lysol and Dettol in disinfectants and hygiene, Durex in sexual wellness, Nurofen in analgesics, and Finish in dishwashing products.

The firm has its corporate headquarters in the United Kingdom and sells products in markets around the world, serving consumers across North America, Europe, Asia, Latin America, the Middle East and Africa.

Featured Articles

Receive News & Ratings for Reckitt Benckiser Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reckitt Benckiser Group and related companies with MarketBeat.com's FREE daily email newsletter.