Reckitt Benckiser Group (LON:RKT) Trading Up 1.1% – Here’s What Happened

Reckitt Benckiser Group plc (LON:RKT) shares shot up 1.1% during mid-day trading on Friday . The stock traded as high as GBX 5,078 ($69.31) and last traded at GBX 5,043.39 ($68.83). 944,061 shares changed hands during trading, a decline of 76% from the average session volume of 3,914,225 shares. The stock had previously closed at GBX 4,988 ($68.08).

Reckitt Benckiser Group Stock Up 1.1%

The business has a fifty day simple moving average of GBX 4,972.86 and a 200 day simple moving average of GBX 5,030.58. The firm has a market cap of £34.41 billion, a price-to-earnings ratio of 23.08, a PEG ratio of 1.10 and a beta of 0.09. The company has a debt-to-equity ratio of 110.26, a current ratio of 0.69 and a quick ratio of 0.46.

Reckitt Benckiser Group Company Profile

At Reckitt, we protect, heal and nurture. We are the company behind some of the world’s best known and most trusted Health and Hygiene consumer brands.

Delivering for a cleaner, healthier world requires strong brands with a global footprint. From Dettol, Lysol, Durex, Finish, Harpic and Vanish, Mucinex, Nurofen, Gaviscon, Veet and Strepsils, consumers love and rely on our brands to care for their families, as they have done for over 200 years.

We use our scientific expertise and deep human understanding to develop solutions to help people improve their lives – that is why over 30 million Reckitt products are sold each day worldwide.

At Reckitt, we’re all making a real difference to people all over the world, every day.