Rentokil Initial (LON:RTO) Shares Cross Above 200-Day Moving Average – Should You Sell?

Rentokil Initial plc (LON:RTO) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 359.67 ($4.81) and traded as high as GBX 376 ($5.02). Rentokil Initial shares last traded at GBX 362.38 ($4.84), with a volume of 13,572,467 shares trading hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised their target price on shares of Rentokil Initial from GBX 425 ($5.68) to GBX 435 ($5.81) and gave the company a “buy” rating in a research note on Monday, July 21st.

Rentokil Initial Stock Down 1.0%

The company has a market capitalization of £8.95 billion, a PE ratio of 22.93, a PEG ratio of 0.56 and a beta of 0.55. The company’s 50 day moving average is GBX 352.30 and its two-hundred day moving average is GBX 359.67. The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 113.35.

Insider Buying and Selling

In other Rentokil Initial news, insider Sally Johnson acquired 3,567 shares of the stock in a transaction on Monday, June 2nd. The stock was acquired at an average price of GBX 351 ($4.69) per share, for a total transaction of £12,520.17 ($16,727.01). 0.32% of the stock is owned by company insiders.

Rentokil Initial Company Profile

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers.