The Traderszone Network

Published in TZ Latest News 11 May, 2016 by The TZ Newswire Staff

Ritchie Bros. Auctioneers Posts Strong Q1, and Growth Story Remains Appealing

In many ways, Ritchie Bros. Auctioneers (NYSE: RBA) is the eBay of heavy machinery. Its auction service helps equipment sellers obtain the highest net return on the sale of their equipment and trucks by using its experience and global bidding audience. The company has a dominant position in the market, and there’s plenty of growth to be had, as the industry is extremely fragmented.

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