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RB Global (TSE:RBA) Stock Passes Above 200-Day Moving Average - What's Next?

RB Global logo with Industrials background

RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA's stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$138.13 and traded as high as C$146.31. RB Global shares last traded at C$143.52, with a volume of 4,942,679 shares traded.

Wall Street Analysts Forecast Growth

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

View Our Latest Report on RBA

RB Global Stock Up 1.2%

The firm has a market capitalization of C$18.74 billion, a PE ratio of 63.72, a price-to-earnings-growth ratio of 2.43 and a beta of 0.93. The firm's 50-day moving average is C$143.01 and its 200 day moving average is C$138.18. The company has a debt-to-equity ratio of 74.28, a quick ratio of 1.00 and a current ratio of 1.28.

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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