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RB Global (TSE:RBA) Stock Price Passes Above Two Hundred Day Moving Average - Here's What Happened

RB Global logo with Industrials background

Shares of RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA passed 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 trading hands.

Analyst Ratings Changes

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

View Our Latest Stock Analysis on RBA

RB Global Trading Up 0.3%

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 company has a fifty day moving average of C$142.15 and a two-hundred day moving average of C$137.96. The stock has a market capitalization of C$18.72 billion, a price-to-earnings ratio of 63.67, a P/E/G 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.

See Also

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