Rentokil Initial (OTCMKTS:RKLIF) Stock Price Down 43.3% – Here’s Why

Shares of Rentokil Initial plc (OTCMKTS:RKLIF) dropped 43.3% on Thursday. The stock traded as low as $3.61 and last traded at $3.61. Approximately 11,153 shares were traded during trading, an increase of 135% from the average session volume of 4,743 shares. The stock had previously closed at $6.37.

Rentokil Initial Stock Performance

The stock’s fifty day simple moving average is $5.84 and its two-hundred day simple moving average is $6.02.

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 customers. The company provides hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers, and floor protection mats.