Shares of Rentokil Initial plc (LON:RTO - Get Free Report) shot up 9.1% during trading on Thursday . The stock traded as high as GBX 387.30 ($5.12) and last traded at GBX 377.98 ($4.99). 13,367,716 shares were traded during mid-day trading, an increase of 30% from the average session volume of 10,266,272 shares. The stock had previously closed at GBX 346.60 ($4.58).
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft upped their target price on Rentokil Initial from GBX 425 ($5.61) to GBX 435 ($5.75) and gave the company a "buy" rating in a report on Monday, July 21st.
Get Our Latest Stock Analysis on Rentokil Initial
Rentokil Initial Price Performance
The business's 50 day moving average is GBX 352.26 and its two-hundred day moving average is GBX 359.56. The firm has a market capitalization of £9.47 billion, a PE ratio of 24.24, 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.
Insider Activity at Rentokil Initial
In other Rentokil Initial news, insider Sally Johnson acquired 3,567 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The stock was bought at an average price of GBX 351 ($4.64) per share, with a total value of £12,520.17 ($16,539.19). Company insiders own 0.32% of the company's stock.
About Rentokil Initial
(
Get Free Report)
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.
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