B. Riley Financial, Inc. (NASDAQ:RILY - Get Free Report)'s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.83 and traded as high as $5.27. B. Riley Financial shares last traded at $5.10, with a volume of 798,457 shares.
B. Riley Financial Trading Down 7.3%
The company has a 50-day moving average price of $3.92 and a 200 day moving average price of $3.89. The stock has a market capitalization of $154.94 million, a P/E ratio of -0.18 and a beta of 1.45.
Institutional Trading of B. Riley Financial
Institutional investors have recently made changes to their positions in the business. Vident Advisory LLC acquired a new position in shares of B. Riley Financial during the 1st quarter valued at about $41,000. Wells Fargo & Company MN lifted its position in B. Riley Financial by 44.8% during the 4th quarter. Wells Fargo & Company MN now owns 9,543 shares of the asset manager's stock worth $44,000 after acquiring an additional 2,952 shares during the period. Simon Quick Advisors LLC acquired a new stake in shares of B. Riley Financial during the second quarter worth $48,000. Toronto Dominion Bank raised its holdings 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 in the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of B. Riley Financial in the 1st quarter valued at approximately $232,000. Institutional investors and hedge funds own 50.20% of the company's stock.
About B. Riley Financial
(
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.
Featured Articles
Before you consider B. Riley Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and B. Riley Financial wasn't on the list.
While B. Riley Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access