RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA's share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$132.05 and last traded at C$131.50, with a volume of 42586 shares changing hands. The stock had previously closed at C$129.86.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets raised shares of RB Global to a "strong-buy" rating in a report on Thursday, September 5th.
Get Our Latest Analysis on RB Global
RB Global Trading Up 0.7 %
The company has a debt-to-equity ratio of 80.04, a quick ratio of 1.00 and a current ratio of 1.29. The firm has a market cap of C$24.09 billion, a P/E ratio of 53.14, a P/E/G ratio of 2.43 and a beta of 0.93. The firm has a 50 day simple moving average of C$116.21 and a 200 day simple moving average of C$109.62.
RB Global Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Wednesday, November 27th will be paid a dividend of $0.392 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.57 annualized dividend and a yield of 1.20%. This is a boost from RB Global's previous quarterly dividend of $0.37. RB Global's payout ratio is currently 64.23%.
Insider Buying and Selling at RB Global
In other news, Senior Officer James Jeffrey Jeter sold 3,000 shares of the business's stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of C$85.55, for a total transaction of C$256,650.00. Insiders own 0.29% of the company's stock.
RB Global Company Profile
(
Get Free Report)
RB Global, Inc, an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution.
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