Reckitt Benckiser Group PLC (OTCMKTS:RBGLY - Get Free Report) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 262,261 shares, an increase of 47.2% from the December 31st total of 178,121 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 565,902 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 565,902 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.
Reckitt Benckiser Group Stock Up 1.3%
OTCMKTS RBGLY opened at $16.67 on Friday. The stock has a fifty day simple moving average of $16.18 and a 200-day simple moving average of $15.54. The company has a current ratio of 0.56, a quick ratio of 0.37 and a debt-to-equity ratio of 1.01. Reckitt Benckiser Group has a twelve month low of $11.99 and a twelve month high of $16.80.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on RBGLY shares. Jefferies Financial Group restated a "hold" rating on shares of Reckitt Benckiser Group in a research report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Reckitt Benckiser Group in a report on Monday, October 27th. Barclays upgraded Reckitt Benckiser Group from a "hold" rating to a "strong-buy" rating in a report on Monday, December 1st. Royal Bank Of Canada lowered shares of Reckitt Benckiser Group from an "outperform" rating to a "sector perform" rating in a report on Wednesday, January 14th. Finally, Citigroup assumed coverage on shares of Reckitt Benckiser Group in a research note on Wednesday, January 14th. They set a "buy" rating on the stock. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Reckitt Benckiser Group presently has an average rating of "Moderate Buy".
Check Out Our Latest Stock Analysis on RBGLY
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.
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