Rentokil Initial (OTCMKTS:RTOKY) Stock Price Crosses Above 200-Day Moving Average - Here's Why

Key Points

• Rentokil Initial plc shares recently crossed above their 200-day moving average of $23.65, trading as high as $25.46 before closing at $25.05 with significant volume.
• The 200-day moving average is often viewed as a key technical indicator, and crossing above it may signal a positive investment trend.
• The company's services include pest control for commercial and residential clients across multiple regions, including North America, the UK, and Asia.

Rentokil Initial plc (OTCMKTS:RTOKY - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $23.65 and traded as high as $25.46. Rentokil Initial shares last traded at $25.05, with a volume of 1,223,900 shares changing hands.

Rentokil Initial Price Performance

The company's 50 day simple moving average is $23.95 and its 200-day simple moving average is $23.65.

About Rentokil Initial

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 and residential customers.