Royal Bank of Canada's (TSE:RY) stock price has surpassed its 200-day moving average, reaching C$293.47 after trading as high as C$296.60.
This milestone is a significant development in the bank's financial performance, with analysts previously projecting modest growth for the company.
The bank's market capitalization stands at C$407.82 billion, with a PE ratio of 19.08 and a PEG ratio of 3.42.
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