RB Global (TSE:RBA) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• RB Global's shares have surpassed their 200-day moving average, trading at C$158.72, indicating a positive trend in stock performance.
• The company boasts a market capitalization of C$29.46 billion and a price-to-earnings ratio of 78.19, reflecting its valuation dynamics.
• RB Global operates as a leading marketplace for heavy equipment, with over 40 auction sites in more than 12 countries and online platforms like IronPlanet and GovPlanet.

Shares of RB Global, Inc. (TSE:RBA - NYSE: RBA passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$147.03 and traded as high as C$163.77. RB Global shares last traded at C$158.72, with a volume of 542,997 shares.

RB Global Stock Performance

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 stock's fifty day moving average is C$156.42 and its two-hundred day moving average is C$147.03. The firm has a market cap of C$29.46 billion, a price-to-earnings ratio of 78.19, a PEG ratio of 2.43 and a beta of 0.32.

About RB Global

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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