Zacks Investment Research Lowers Rentokil Initial (OTCMKTS:RTOKY) to Sell

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Zacks Investment Research lowered shares of Rentokil Initial (OTCMKTS:RTOKY) from a hold rating to a sell rating in a report released on Tuesday morning, Zacks.com reports.

According to Zacks, “Rentokil Initial plc provides business support services including pest control, package delivery, interior landscaping, catering, cleaning, washroom solutions and textiles. Building services includes installation and maintenance of heating, ventilation and air conditioning equipment, water testing and treatment; and electrical testing and safety services. Its cleaning companies provide a professional cleaning service to industry, commerce, hotels, schools, hospitals, airports and other transport facilities. Its specialist services include the supply of non-medical hospital staff, the manufacture of washroom dispensing systems. Its interior landscaping offers indoor plants to customers on a rental or purchase basis. Linen, Garment and Floorcare Rental supplies workwear, uniforms, clean room uniforms and protective equipment. Rentokil Initial plc is based in Gatwick, the United Kingdom. “

Shares of Rentokil Initial stock opened at $27.21 on Tuesday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.88 and a quick ratio of 0.76. Rentokil Initial has a 52 week low of $18.27 and a 52 week high of $28.17. The stock has a 50 day moving average price of $26.39 and a two-hundred day moving average price of $24.71.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Monday, September 23rd. Shareholders of record on Monday, August 12th will be paid a $0.081 dividend. The ex-dividend date is Friday, August 9th.

About Rentokil Initial

Rentokil Initial plc, through 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 from rodents to flying and crawling insects, as well as to other forms of wildlife management for commercial and residential customers.

See Also: Asset Allocation, Balancing Your Investments

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