RB Global (TSE:RBA) Shares Up 2.8% – Should You Buy?

Shares of RB Global, Inc. (TSE:RBA) (NYSE:RBA) traded up 2.8% on Monday. The company traded as high as C$138.78 and last traded at C$135.56. 667,723 shares were traded during trading, an increase of 108% from the average session volume of 321,671 shares. The stock had previously closed at C$131.85.

RB Global Trading Up 2.8%

The firm has a market cap of C$25.11 billion, a P/E ratio of 58.43, a price-to-earnings-growth ratio of 2.43 and a beta of 0.08. The business’s 50 day moving average is C$119.30 and its 200-day moving average is C$137.23. The company has a quick ratio of 0.99, a current ratio of 1.31 and a debt-to-equity ratio of 74.64.

Insider Buying and Selling at RB Global

In related news, Director Chloe Harford bought 1,200 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was bought at an average price of C$118.12 per share, with a total value of C$141,744.00. Following the transaction, the director owned 1,200 shares of the company’s stock, valued at approximately C$141,744. This trade represents a ∞ increase in their ownership of the stock. Insiders own 0.29% of the company’s stock.

About RB Global

RB Global, Inc (NYSE: RBA) (TSX: RBA) is a leading, omnichannel marketplace and trusted provider of value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its global network of auction sites and digital platform, RB Global serves customers worldwide across a variety of asset classes, including automotive, construction, commercial transportation, government surplus, lifting and material handling, energy, mining and agriculture.