RB Global (TSE:RBA) Share Price Passes Below 200 Day Moving Average – Here’s Why

Posted by Joseph Casey on Mar 28th, 2026

RB Global, Inc. (TSE:RBA – Get Free Report) (NYSE:RBA) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$145.48 and traded as low as C$131.42. RB Global shares last traded at C$134.58, with a volume of 221,072 shares trading hands.

Analyst Ratings Changes

Separately, National Bank Financial set a C$124.00 price target on shares of RB Global and gave the company an “outperform” rating in a research report on Monday, December 15th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$124.00.

Check Out Our Latest Report on RB Global

RB Global Stock Down 3.1%

The company’s fifty day simple moving average is C$144.80 and its 200-day simple moving average is C$145.22. The firm has a market capitalization of C$24.44 billion, a PE ratio of 64.44, a price-to-earnings-growth ratio of 2.43 and a beta of 0.24. The company has a debt-to-equity ratio of 91.08, a current ratio of 1.10 and a quick ratio of 1.00.

RB Global (TSE:RBA – Get Free Report) (NYSE:RBA) last issued its quarterly earnings data on Tuesday, February 17th. The company reported C$1.52 EPS for the quarter. The firm had revenue of C$1.58 billion during the quarter. RB Global had a return on equity of 7.25% and a net margin of 9.32%. On average, analysts forecast that RB Global, Inc. will post 5.0577819 EPS for the current year.

RB Global declared that its Board of Directors has initiated a stock buyback plan on Monday, March 16th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 2% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

RB Global Company Profile

(Get Free Report)

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. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms.