RB Global Inc (NYSE:RBA) shares, rose in value, with the stock price up by 0.04% to the previous day’s close as strong demand from buyers drove the stock to $102.31.
Actively observing the price movement in the recent trading, the stock is buoying the session at $102.27. The PE ratio was 50.88 over 12-month period. Referring to stock’s 52-week performance, its high was $106.90, and the low was $70.27. On the whole, RBA has fluctuated by 14.13% over the past month.
With the market capitalization of RB Global Inc currently standing at about $18.94 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.14, with its dividend yield at 1.11%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RBA’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of RBA currently trading nearly 3.44% and 3.75% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.64, while the 7-day volatility ratio is showing 1.92% which for the 30-day chart, stands at 2.68%. Furthermore, RB Global Inc (RBA)’s beta value is 0.78, and its average true range (ATR) is 2.56.
A comparison of RB Global Inc (RBA) with its peers suggests the former has fared considerably weaker in the market. RBA showed an intraday change of 0.04% in today’s session so far, and over the past year, it grew by 44.50%%.
Data on historical trading for RB Global Inc (NYSE:RBA) indicates that the trading volumes over the past 3 months, they’ve averaged 1.20 million. According to company’s latest data on outstanding shares, there are 185.12 million shares outstanding.
Nearly 0.11% of RB Global Inc’s shares belong to company insiders and institutional investors own 92.66% of the company’s shares. The stock has risen by 13.41% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RBA stock heading into the next quarter.
