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

RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA's share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$137.86 and traded as high as C$147.16. RB Global shares last traded at C$146.06, with a volume of 384,669 shares changing hands.

Wall Street Analysts Forecast Growth

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

RB Global Stock Performance

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 50 day simple moving average of C$141.47 and a 200-day simple moving average of C$137.86. The firm has a market cap of C$18.66 billion, a PE ratio of 63.46, a price-to-earnings-growth ratio of 2.43 and a beta of 0.93.

RB Global Company Profile

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.