Ritchie Bros Auctioneers Inc
RBA:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 22.01 | 0.07 0.32% | 2.05% | 122,922 |
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Latest News Headlines for Ritchie Bros Auctioneers Inc
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Ritchie Bros. conducts final auction of 2011 and sets new records
Record $3.7 billion of equipment sold in 2011, including $1.1 billion
sold to online bidders
Vancouver-based Ritchie Bros.
Auctioneers (NYSE and TSX: RBA), the world's largest on-site and online
auctioneer of heavy equipment and trucks, sold approximately $3.7 billion of equipment at 339 unreserved
auctions around the world in 2011. This represents a 12% increase in
gross auction proceeds over 2010 and the highest gross auction proceeds
in Company history. The Company achieved gross auction proceeds of more
than $1 billion in the fourth quarter alone, the largest fourth quarter
in Company history. Ritchie Bros. (www.rbauction.com) attracted record online bidder registrations and sold over $1.1
billion of equipment, trucks and other assets to online bidders in
2011, a 29% increase over 2010 and the highest amount ever sold online
by the Company in one year.
Ritchie Bros. conducts final auction of 2011 and sets new records
View more recent headlinesRecord $3.7 billion of equipment sold in 2011, including $1.1 billion
sold to online bidders
Vancouver-based Ritchie Bros.
Auctioneers (NYSE and TSX: RBA), the world's largest on-site and online
auctioneer of heavy equipment and trucks, sold approximately $3.7 billion of equipment at 339 unreserved
auctions around the world in 2011. This represents a 12% increase in
gross auction proceeds over 2010 and the highest gross auction proceeds
in Company history. The Company achieved gross auction proceeds of more
than $1 billion in the fourth quarter alone, the largest fourth quarter
in Company history. Ritchie Bros. (www.rbauction.com) attracted record online bidder registrations and sold over $1.1
billion of equipment, trucks and other assets to online bidders in
2011, a 29% increase over 2010 and the highest amount ever sold online
by the Company in one year.
Company Background
Ritchie Bros. Auctioneers Incorporated (Ritchie Bros) is an industrial auctioneer, selling equipment to on-site and online bidders. As of December 31, 2010, Ritchie Bros operated from over 110 locations in approximately 25 countries, including 43 auction sites worldwide. The Company's purpose is to create compelling business solutions that enable the world's builders to exchange equipment. It sells, through unreserved public auctions, a range of used and unused industrial assets, including equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. During 2010, Ritchie Bros launched its new 21-language Website. During 2010, approximately 92% of its gross auction proceeds were attributable to auctions held at its auction sites and regional auction units. During 2010, the remaining 8% of its gross auction proceeds came from off-site auctions.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 21.96 | Previous Close 21.94 |
Day High 22.19 | Day Low 21.77 |
52wk High/Date 31.75 / 5/2/2011 | 52wk Low/Date 17.90 / 11/1/2011 |
Beta 1.3 | Market Capitalization 2.3B |
Shares Outstanding 106.3M | Volatility Avg 35.09 |
Avg Vol(10 day) 402.3K | P/E Ratio 37.1x |
EPS(TTM) 0.59 | Yield 2.05% |
Dividend Announcement 11/1/2011 | Ex-Date 11/16/2011 |
Payable 0.1125 - QRTR | Payable Date 12/9/2011 |
Date of Record 11/18/2011 | |
Last Trade as of 12/29/2011 4:01 PM ET | |
RBA Ritchie Bros Auctioneers Inc vs. Peers
| Peers | |
|---|---|
RBA Ritchie Bros Auctioneers Inc | -4.82% |
Automatic Data Processing | 16.25% |
RBA Ritchie Bros Auctioneers Inc | 2.04% |
Automatic Data Processing | 2.94% |
RBA Ritchie Bros Auctioneers Inc | 0.32% |
Automatic Data Processing | 1.02% |