RB Global (TSE:RBA - Get Free Report) NYSE: RBA was downgraded by stock analysts at National Bank Financial from a "strong-buy" rating to a "hold" rating in a report issued on Sunday, May 25th,Zacks.com reports.
RB Global Stock Performance
TSE:RBA traded up C$0.66 during midday trading on Friday, reaching C$143.97. 627,378 shares of the company traded hands, compared to its average volume of 221,360. RB Global has a twelve month low of C$95.96 and a twelve month high of C$152.48. The firm has a market capitalization of C$18.60 billion, a price-to-earnings ratio of 63.25, a price-to-earnings-growth ratio of 2.43 and a beta of 0.93. The company has a debt-to-equity ratio of 74.28, a current ratio of 1.28 and a quick ratio of 1.00. The company has a fifty day moving average price of C$140.55 and a 200 day moving average price of C$137.19.
About RB Global
(
Get Free Report)
Ritchie Bros. operates the world's leading marketplace for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. Ritchie Bros. operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet.
See Also
Before you consider RB Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RB Global wasn't on the list.
While RB Global currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
