B. Riley Financial Inc (NASDAQ: RILY) is -20.25% lower on its value in year-to-date trading and has touched a low of $14.46 and a high of $60.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RILY stock was last observed hovering at around $15.94 in the last trading session, with the day’s gains setting it 0.8%.
Currently trading at $16.74, the stock is -2.37% and -24.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing 5.02% at the moment leaves the stock -30.59% off its SMA200. RILY registered -71.00% loss for a year compared to 6-month loss of -17.25%.
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The stock witnessed a -14.59% gain in the last 1 month and extending the period to 3 months gives it a -43.73%, and is -6.58% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.03% over the week and 9.40% over the month.
B. Riley Financial Inc (RILY) has around 2383 employees, a market worth around $507.22M and $1.42B in sales. Profit margin for the company is -10.72%. Distance from 52-week low is 15.77% and -72.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.18%).
The shares outstanding are 29.94M, and float is at 15.55M with Short Float at 73.72%.
B. Riley Financial Inc (RILY) Insider Activity
The most recent transaction is an insider sale by B. Riley Financial, Inc., the company’s 10% Owner. SEC filings show that B. Riley Financial, Inc. sold 852,455 shares of the company’s common stock on Feb 08 ’24 at a price of $11.00 per share for a total of $9.38 million. Following the sale, the insider now owns 0.0 shares.
B. Riley Financial Inc disclosed in a document filed with the SEC on Feb 07 ’24 that B. Riley Financial, Inc. (10% Owner) sold a total of 2,757,308 shares of the company’s common stock. The trade occurred on Feb 07 ’24 and was made at $11.00 per share for $30.33 million. Following the transaction, the insider now directly holds 0.0 shares of the RILY stock.
Still, SEC filings show that on Jan 23 ’24, B. Riley Financial, Inc. (10% Owner) disposed off 9,353 shares at an average price of $7.82 for $73146.0. The insider now directly holds 184,862 shares of B. Riley Financial Inc (RILY).
