Reckitt Benckiser Group (OTCMKTS:RBGLY) Sees Large Volume Increase - Still a Buy?

Key Points

• Trading volume jumped to 1,031,152 shares—an 80% increase from the prior session—while the stock last traded at $12.9950, essentially flat for the day.
• Analyst opinions are mixed, with recent upgrades from Morgan Stanley and Kepler but downgrades from RBC and Zacks; MarketBeat's aggregated rating is Moderate Buy (3 Strong Buy, 2 Buy, 3 Hold, 1 Sell).
• The stock is trading below its 50‑day ($14.91) and 200‑day ($15.63) moving averages and shows modest liquidity and leverage (debt/equity 0.98, quick ratio 0.63, current ratio 0.85), indicating short-term technical weakness despite the volume spike.

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY - Get Free Report) shares saw an uptick in trading volume on Friday . 1,031,152 shares traded hands during trading, an increase of 80% from the previous session's volume of 573,626 shares.The stock last traded at $12.9950 and had previously closed at $12.98.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on RBGLY. Morgan Stanley raised Reckitt Benckiser Group from an "equal weight" rating to an "overweight" rating in a report on Monday, March 16th. Kepler Capital Markets raised Reckitt Benckiser Group from a "hold" rating to a "strong-buy" rating in a report on Friday, April 17th. Royal Bank Of Canada lowered Reckitt Benckiser Group from an "outperform" rating to a "sector perform" rating in a report on Wednesday, January 14th. Zacks Research downgraded Reckitt Benckiser Group from a "hold" rating to a "strong sell" rating in a research report on Tuesday, April 7th. Finally, Citigroup began coverage on Reckitt Benckiser Group in a research report on Wednesday, January 14th. They issued a "buy" rating on the stock. Three analysts have rated the stock with a Strong Buy rating, two have given 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 presently has an average rating of "Moderate Buy".

Reckitt Benckiser Group Trading Up 0.1%

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 has a 50-day moving average of $14.91 and a 200 day moving average of $15.63.

Reckitt Benckiser Group Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.