RB Global (TSE:RBA) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

RB Global, Inc. (TSE:RBA) (NYSE:RBA)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-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 traded.

RB Global Stock Performance

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 company has a market cap of C$23.74 billion, a PE ratio of 52.38, a P/E/G ratio of 2.43 and a beta of 0.93. The stock’s 50-day simple moving average is C$132.27 and its 200 day simple moving average is C$120.59.

RB Global (TSE:RBA) (NYSE:RBA) last posted its quarterly earnings results on Friday, November 8th. The company reported C$0.49 earnings per share 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 quarter last year, the firm earned $0.40 EPS. As a group, equities analysts anticipate that RB Global, Inc. will post 5.0577819 EPS for the current year.

RB Global Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Wednesday, November 27th were paid a dividend of $0.392 per share. The ex-dividend date was Wednesday, November 27th. This is a boost from RB Global’s previous quarterly dividend of $0.37. This represents a $1.57 dividend on an annualized basis and a dividend yield of 1.22%. RB Global’s dividend payout ratio is 64.23%.

RB Global Company Profile

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.