Ritchie Bros. Auctioneers Breaks Above 200-Day Moving Average - Bullish For RBA

In trading on Friday, shares of Ritchie Bros. Auctioneers, Inc. (RBA) crossed above their 200 day moving average of $20.69, changing hands as high as $20.88 per share. Ritchie Bros. Auctioneers, Inc. shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of RBA shares, versus its 200 day moving average:

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Ritchie Bros. Auctioneers, Inc. 200 Day Moving Average Chart

Looking at the chart above, RBA's low point in its 52 week range is $17.81 per share, with $23.57 as the 52 week high point — that compares with a last trade of $20.88.

According to the ETF Finder at ETF Channel, RBA makes up 1.23% of the International Dividend Achievers Portfolio ETF ( PID) which is trading higher by about 0.1% on the day Friday.

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