RB Global Inc (NYSE:RBA) currently has a daily average trading volume of 900.74K but it saw 2259905 shares traded in last market. With a market cap of 14.37B USD, the company’s current market price of $78.19 came falling about -2.35 while comparing to the previous closing price of $80.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $81.74 and as low as $55.09.
Taking a look at 20-day trading activity of RB Global Inc (RBA) gives us an average price of $76.16, while its current price level is -4.34% below from 52-week high level whereas it is 41.93% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $74.57 while that of 200 days or SMA-200 reads an average of $68.94. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.35% during that period while stretching the period over a month that increases to 2.35%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.51 which implies that the stock is in neutral territory.
Raymond James upgraded its recommendation for the stock as a “Outperform” from “Mkt Perform” on July 20, 2023 while assigning a price target range of $60-$75. National Bank Financial issued its recommendations for the stock as it upgraded the price target for the stock is $61.
Over the week, RBA’s stock price is moving -3.13% down while it is 3.91% when we observe its performance for the past one month. Year-to-date it is 16.89% up and over the past year, the stock is showing an upside performance of 36.82%.
Currently, RB Global Inc’s total number of outstanding shares is 183.72M. Company’s return on investment (ROI) stands at 3.10% and return on equity (ROE) at 6.28%. It has a price to earnings ratio (P/E ratio) of 47.27 while having a 21.99 of forward P/E ratio. Stock’s beta reads 0.92. Stock has a price to book (P/B) ratio of 2.83 while price to sale or P/S ratio amounts to 3.39. Its return on asset (ROA) is 2.86% on average.
