RB Global (TSE:RBA) Trading Up 9.1% – Time to Buy?

Shares of RB Global, Inc. (TSE:RBAGet Free Report) (NYSE:RBA) were up 9.1% during trading on Wednesday . The stock traded as high as C$152.48 and last traded at C$149.37. Approximately 197,698 shares traded hands during trading, an increase of 28% from the average daily volume of 154,255 shares. The stock had previously closed at C$136.94.

RB Global Trading Up 9.6 %

The firm has a market capitalization of C$19.39 billion, a PE ratio of 65.94, a price-to-earnings-growth ratio of 2.43 and a beta of 0.93. The company’s 50-day simple moving average is C$131.19 and its 200 day simple moving average is C$122.41. The company has a quick ratio of 1.00, a current ratio of 1.28 and a debt-to-equity ratio of 74.28.

About RB Global

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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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