Rentokil Initial (LON:RTO) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

Shares of Rentokil Initial plc (LON:RTO - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 413.58 ($5.22) and traded as high as GBX 427.20 ($5.39). Rentokil Initial shares last traded at GBX 424.70 ($5.36), with a volume of 7,131,304 shares traded.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. decreased their price target on shares of Rentokil Initial from GBX 440 ($5.55) to GBX 430 ($5.43) and set a "neutral" rating for the company in a research note on Tuesday, January 14th.

Rentokil Initial Price Performance

The stock has a market cap of £10.65 billion, a price-to-earnings ratio of 27.27, a price-to-earnings-growth ratio of 0.56 and a beta of 0.55. The company has a debt-to-equity ratio of 113.35, a quick ratio of 1.76 and a current ratio of 1.04. The company has a 50-day simple moving average of GBX 395.24 and a two-hundred day simple moving average of GBX 412.22.

Insider Buying and Selling

In other Rentokil Initial news, insider Brian Baldwin purchased 7,500,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were purchased at an average price of GBX 413 ($5.21) per share, with a total value of £30,975,000 ($39,080,242.24). 0.32% of the stock is owned by corporate 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.