Rentokil Initial (OTCMKTS:RTOKY) Shares Pass Above 200-Day Moving Average – Here’s Why
by Teresa Graham · The Cerbat GemRentokil Initial plc (OTCMKTS:RTOKY – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $25.91 and traded as high as $30.01. Rentokil Initial shares last traded at $29.46, with a volume of 625,042 shares traded.
Rentokil Initial Stock Up 1.4%
The business has a 50 day simple moving average of $28.16 and a 200-day simple moving average of $25.92.
About Rentokil Initial
Rentokil Initial plc is a global business services provider specializing in pest control, hygiene, and workwear rental solutions. Headquartered in Crawley, West Sussex, U.K., the company delivers integrated services designed to protect people, food and places from pests and hygiene risks. Rentokil Initial’s pest control division addresses infestations ranging from rodents and insects to birds, while its hygiene services cover washroom facilities, hand hygiene, and air purification. The workwear segment offers laundering, repair and supply of uniforms and protective clothing for sectors including manufacturing, healthcare and hospitality.
The company’s origins trace back to 1925, when Rentokil began as a London-based pest control business.