B. Riley Financial Inc (NASDAQ: RILY) is -72.46% lower on its value in year-to-date trading and has touched a low of $4.51 and a high of $45.70 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 $6.01 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $5.78, the stock is -1.39% and -49.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing -3.91% at the moment leaves the stock -70.69% off its SMA200. RILY registered -86.98% loss for a year compared to 6-month loss of -71.57%.
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The stock witnessed a 5.38% gain in the last 1 month and extending the period to 3 months gives it a -71.93%, and is -6.92% 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 9.16% over the week and 16.69% over the month.
B. Riley Financial Inc (RILY) has around 2383 employees, a market worth around $175.13M and $1.42B in sales. Profit margin for the company is -10.72%. Distance from 52-week low is 28.16% and -87.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.18%).
B. Riley Financial Inc quarterly earnings per share for the current quarter are estimated at 0.
197.0 institutions hold shares in B. Riley Financial Inc (RILY), with institutional investors hold 65.89% of the company’s shares. The shares outstanding are 29.94M, and float is at 15.55M with Short Float at 78.28%. Institutions hold 34.52% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.81 million shares valued at $49.49 million. The investor’s holdings represent 9.3547 of the RILY Shares outstanding. As of 2024-06-30, the second largest holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP with 1.59 million shares valued at $28.02 million to account for 5.2968 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.27 million shares representing 4.2263 and valued at over $22.36 million, while NOMURA HOLDINGS INC holds 3.1057 of the shares totaling 0.93 million with a market value of $16.43 million.
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 32,678 shares of the company’s common stock on Aug 26 ’24 at a price of $12.84 per share for a total of $0.42 million. Following the sale, the insider now owns 0.99 million shares.
B. Riley Financial Inc disclosed in a document filed with the SEC on Aug 27 ’24 that B. Riley Financial, Inc. (10% Owner) sold a total of 13,525 shares of the company’s common stock. The trade occurred on Aug 27 ’24 and was made at $12.82 per share for $0.17 million. Following the transaction, the insider now directly holds 0.98 million shares of the RILY stock.
Still, SEC filings show that on Aug 23 ’24, B. Riley Financial, Inc. (10% Owner) disposed off 9,819 shares at an average price of $12.82 for $0.13 million. The insider now directly holds 1,026,712 shares of B. Riley Financial Inc (RILY).