RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA's stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$109.02 and traded as high as C$130.12. RB Global shares last traded at C$127.62, with a volume of 216,575 shares.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets upgraded shares of RB Global to a "strong-buy" rating in a research report on Thursday, September 5th.
Get Our Latest Research Report on RB Global
RB Global Stock Up 1.8 %
The firm's 50 day moving average is C$115.55 and its two-hundred day moving average is C$109.21. The firm has a market cap of C$23.93 billion, a P/E ratio of 52.37, a price-to-earnings-growth ratio of 2.43 and a beta of 0.93. The company has a current ratio of 1.29, a quick ratio of 1.00 and a debt-to-equity ratio of 80.04.
RB Global Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, November 27th will be paid a $0.392 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $1.57 dividend on an annualized basis and a yield of 1.21%. This is a positive change from RB Global's previous quarterly dividend of $0.37. RB Global's payout ratio is presently 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 on Friday, August 23rd. The shares were sold at an average price of C$85.55, for a total value 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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