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RB Global (TSE:RBA) Reaches New 52-Week High - Still a Buy?

RB Global logo with Industrials background

RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA's share price hit a new 52-week high on Friday . The stock traded as high as C$153.29 and last traded at C$151.25, with a volume of 84163 shares trading hands. The stock had previously closed at C$151.73.

Analysts Set New Price Targets

Separately, National Bank Financial lowered RB Global from a "strong-buy" rating to a "hold" rating in a research note on Sunday, May 25th.

View Our Latest Analysis on RB Global

RB Global Trading Down 0.5%

The company has a 50 day simple moving average of C$145.95 and a 200 day simple moving average of C$139.73. The company has a debt-to-equity ratio of 74.28, a quick ratio of 1.00 and a current ratio of 1.28. The company has a market capitalization of C$19.50 billion, a PE ratio of 66.33, a price-to-earnings-growth ratio of 2.43 and a beta of 0.93.

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.

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