RB Global (TSE:RBA) Stock Crosses Above 200-Day Moving Average – What’s Next?

Shares of RB Global, Inc. (TSE:RBA) (NYSE:RBA) 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 trading hands.

RB Global Stock Down 0.1 %

The company has a debt-to-equity ratio of 80.04, a current ratio of 1.29 and a quick ratio of 1.00. The stock has a 50 day simple moving average of C$132.48 and a 200-day simple moving average of C$118.88. The firm has a market cap of C$23.80 billion, a PE ratio of 52.51, a PEG ratio of 2.43 and a beta of 0.93.

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 given a $0.392 dividend. This represents a $1.57 annualized dividend and a dividend yield of 1.21%. The ex-dividend date was Wednesday, November 27th. This is a positive change from RB Global’s previous quarterly dividend of $0.37. RB Global’s payout ratio is currently 64.23%.

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.