RB Global (TSE:RBA) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

RB Global, Inc. (TSE:RBA) (NYSE:RBA) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$138.13 and traded as high as C$146.31. RB Global shares last traded at C$143.52, with a volume of 4,942,679 shares.

Analyst Upgrades and Downgrades

Separately, National Bank Financial downgraded RB Global from a “strong-buy” rating to a “hold” rating in a report on Sunday, May 25th.

RB Global Trading Down 0.3%

The company has a debt-to-equity ratio of 74.28, a quick ratio of 1.00 and a current ratio of 1.28. The company has a market cap of C$18.54 billion, a price-to-earnings ratio of 63.06, a P/E/G ratio of 2.43 and a beta of 0.93. The company’s fifty day moving average is C$142.86 and its two-hundred day moving average is C$138.13.

About RB Global

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.