B. Riley Financial Inc (NASDAQ:RILY) price on Friday, June 13, fall -2.98% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.93.
A look at the stock’s price movement, the close in the last trading session was $3.02. Turning to its 52-week performance, $23.06 and $2.67 were the 52-week high and 52-week low respectively. Overall, RILY moved -11.21% over the past month.
B. Riley Financial Inc’s market cap currently stands at around $89.36 million, with investors looking forward to this quarter’s earnings report slated for in July.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend RILY as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
RILY’s current price about -4.37% and -4.33% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.85, while 7-day volatility ratio is 2.38% and 3.34% in the 30-day chart. Further, B. Riley Financial Inc (RILY) has a beta value of 1.42, and an average true range (ATR) of 0.22.
If we refocus on B. Riley Financial Inc (NASDAQ:RILY), historical trading data shows that trading volumes averaged 857.34K over the past 3 months. The company’s latest data on shares outstanding shows there are 30.50 million shares.
The 48.03% of B. Riley Financial Inc’s shares are in the hands of company insiders while institutional holders own 22.94% of the company’s shares. Current price change has pushed the stock -36.17% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RILY stock continues to rise going into the next quarter.
