RB Global (TSE:RBA) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?

RB Global logo with Industrials background

RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$118.73 and traded as high as C$129.61. RB Global shares last traded at C$129.30, with a volume of 154,954 shares changing hands.

RB Global Stock Down 0.1 %

The business's fifty day moving average is C$132.45 and its two-hundred day moving average is C$118.73. The company has a market cap of C$23.80 billion, a P/E ratio of 52.51, a price-to-earnings-growth ratio of 2.43 and a beta of 0.93. The company has a debt-to-equity ratio of 80.04, a quick ratio of 1.00 and a current ratio of 1.29.

RB Global Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, November 27th were issued a dividend of $0.392 per share. This is a positive change from RB Global's previous quarterly dividend of $0.37. The ex-dividend date was Wednesday, November 27th. This represents a $1.57 dividend on an annualized basis and a yield of 1.21%. RB Global's dividend payout ratio (DPR) is presently 64.23%.

About RB Global

(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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