RB Global (TSE:RBA) Stock Jumps 2.8% – Here’s What Happened

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

RB Global Trading Down 0.2%

The firm has a market capitalization of C$25.22 billion, a P/E ratio of 58.70, a price-to-earnings-growth ratio of 2.43 and a beta of 0.08. The company has a debt-to-equity ratio of 82.41, a quick ratio of 0.99 and a current ratio of 1.31. The firm has a 50 day moving average price of C$119.69 and a two-hundred day moving average price of C$137.11.

Insider Buying and Selling

In other news, Director Chloe Harford acquired 1,200 shares of RB Global stock in a transaction on Monday, August 24th. The stock was bought at an average cost of C$118.12 per share, with a total value of C$141,744.00. Following the completion of the purchase, the director owned 1,200 shares of the company’s stock, valued at C$141,744. This represents a ∞ increase in their ownership of the stock. Corporate 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.