B. Riley Financial, Inc. (NASDAQ:RILY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $3.74 and traded as low as $2.80. B. Riley Financial shares last traded at $2.86, with a volume of 417,135 shares traded.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised B. Riley Financial to a "sell" rating in a research report on Monday, February 24th.
View Our Latest Stock Report on B. Riley Financial
B. Riley Financial Price Performance
The company has a fifty day moving average of $3.57 and a 200-day moving average of $4.45. The firm has a market cap of $95.91 million, a P/E ratio of -0.15 and a beta of 1.45.
B. Riley Financial (NASDAQ:RILY - Get Free Report) last announced its quarterly earnings results on Friday, February 21st. The asset manager reported ($4.97) earnings per share (EPS) for the quarter. B. Riley Financial had a negative return on equity of 236.88% and a negative net margin of 48.04%. The company had revenue of $199.31 million for the quarter.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Albion Financial Group UT purchased a new stake in B. Riley Financial during the fourth quarter valued at about $30,000. Wells Fargo & Company MN boosted its position in B. Riley Financial by 44.8% during the fourth quarter. Wells Fargo & Company MN now owns 9,543 shares of the asset manager's stock worth $44,000 after purchasing an additional 2,952 shares during the period. Jones Financial Companies Lllp boosted its position in B. Riley Financial by 1,049.1% during the fourth quarter. Jones Financial Companies Lllp now owns 9,710 shares of the asset manager's stock worth $45,000 after purchasing an additional 8,865 shares during the period. Intech Investment Management LLC bought a new position in B. Riley Financial during the fourth quarter worth about $46,000. Finally, Toronto Dominion Bank boosted its position in B. Riley Financial by 666,766.7% during the fourth quarter. Toronto Dominion Bank now owns 20,006 shares of the asset manager's stock worth $92,000 after purchasing an additional 20,003 shares during the period. Institutional investors own 50.20% of the company's stock.
B. Riley Financial Company Profile
(
Get Free Report)
B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
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