Reckitt Benckiser Group plc (OTCMKTS:RBGLY) Short Interest Update

Reckitt Benckiser Group plc (OTCMKTS:RBGLY) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 4,300 shares, a decrease of 97.2% from the November 30th total of 154,900 shares. Based on an average daily volume of 721,100 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

RBGLY has been the topic of several recent research reports. Barclays upgraded Reckitt Benckiser Group to a “strong-buy” rating in a research note on Friday, October 4th. Sanford C. Bernstein cut shares of Reckitt Benckiser Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 4th. Citigroup upgraded shares of Reckitt Benckiser Group to a “strong-buy” rating in a research report on Tuesday, October 1st. JPMorgan Chase & Co. lowered shares of Reckitt Benckiser Group from an “overweight” rating to a “neutral” rating in a report on Thursday, August 29th. Finally, UBS Group upgraded Reckitt Benckiser Group to a “strong-buy” rating in a research report on Wednesday, September 18th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and four have issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy”.

Reckitt Benckiser Group Trading Up 0.1 %

Shares of Reckitt Benckiser Group stock traded up $0.01 on Thursday, hitting $12.05. 242,691 shares of the company traded hands, compared to its average volume of 846,842. Reckitt Benckiser Group has a 52 week low of $10.24 and a 52 week high of $15.03. The stock’s 50 day moving average price is $12.32 and its 200-day moving average price is $11.77. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.47 and a current ratio of 0.69.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.