RB Global (TSE:RBA) Stock Crosses Above 200-Day Moving Average - Here's What Happened

RB Global logo with Industrials background

RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$120.59 and traded as high as C$130.63. RB Global shares last traded at C$128.85, with a volume of 230,724 shares changing hands.

RB Global Stock Up 1.1 %

The company has a debt-to-equity ratio of 80.04, a current ratio of 1.29 and a quick ratio of 1.00. The business's 50 day moving average price is C$131.57 and its 200 day moving average price is C$121.22. The firm has a market cap of C$24.40 billion, a PE ratio of 53.83, a PEG ratio of 2.43 and a beta of 0.93.

RB Global (TSE:RBA - Get Free Report) NYSE: RBA last issued its quarterly earnings results on Friday, November 8th. The company reported C$0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.84 by C($0.35). RB Global had a return on equity of 6.61% and a net margin of 8.68%. During the same period last year, the business earned $0.40 earnings per share. On average, equities research analysts expect that RB Global, Inc. will post 5.0577819 earnings per share for the current year.

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.

Further Reading

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