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Reckitt Benckiser Group (OTCMKTS:RBGLY) Stock Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Reckitt Benckiser Group logo with Consumer Staples background

Reckitt Benckiser Group plc (OTCMKTS:RBGLY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.86 and traded as high as $12.03. Reckitt Benckiser Group shares last traded at $12.03, with a volume of 418,019 shares.

Analyst Ratings Changes

Several research firms have weighed in on RBGLY. Citigroup raised Reckitt Benckiser Group to a "strong-buy" rating in a research note on Tuesday, October 1st. Sanford C. Bernstein downgraded shares of Reckitt Benckiser Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 4th. Hsbc Global Res raised shares of Reckitt Benckiser Group from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, December 11th. Barclays raised shares of Reckitt Benckiser Group to a "strong-buy" rating in a research note on Friday, October 4th. Finally, HSBC raised shares of Reckitt Benckiser Group from a "hold" rating to a "buy" rating in a research report on Wednesday, December 11th. Two investment analysts have rated the stock with a hold rating, one has assigned a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy".

Check Out Our Latest Stock Report on RBGLY

Reckitt Benckiser Group Price Performance

The company has a 50-day moving average of $12.15 and a 200-day moving average of $11.86. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.69 and a quick ratio of 0.47.

About Reckitt Benckiser Group

(Get Free Report)

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.

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