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RB Global (TSE:RBA) Stock Crosses Above 200 Day Moving Average - Should You Sell?

RB Global logo with Industrials background

RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA's share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$137.37 and traded as high as C$145.37. RB Global shares last traded at C$142.69, with a volume of 161,825 shares changing hands.

Analysts Set New Price Targets

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

Get Our Latest Research Report on RB Global

RB Global Stock Performance

The company has a quick ratio of 1.00, a current ratio of 1.28 and a debt-to-equity ratio of 74.28. The firm has a 50-day moving average of C$140.64 and a 200 day moving average of C$137.62. The stock has a market capitalization of C$18.61 billion, a P/E ratio of 63.29, a PEG ratio of 2.43 and a beta of 0.93.

RB Global Company Profile

(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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