Is B. Riley Financial Inc (NASDAQ:RILY) Expensive At $5.29? Here’s How To Know.

In last trading session, B. Riley Financial Inc (NASDAQ:RILY) saw 1.1 million shares changing hands with its beta currently measuring 1.24. Company’s recent per share price level of $5.29 trading at -$0.11 or -2.04% at ring of the bell on the day assigns it a market valuation of $160.29M. That closing price of RILY’s stock is at a discount of -861.81% from its 52-week high price of $50.88 and is indicating a premium of 14.74% from its 52-week low price of $4.51. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.63 million shares which gives us an average trading volume of 2.96 million if we extend that period to 3-months.

For B. Riley Financial Inc (RILY), analysts’ consensus is at an average recommendation of Hold Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

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B. Riley Financial Inc (NASDAQ:RILY) trade information

Upright in the red during last session for losing -2.04%, in the last five days RILY remained trading in the red while hitting it’s week-highest on Tuesday, 09/03/24 when the stock touched $5.29 price level, adding 11.39% to its value on the day. B. Riley Financial Inc’s shares saw a change of -74.80% in year-to-date performance and have moved -2.04% in past 5-day. B. Riley Financial Inc (NASDAQ:RILY) showed a performance of -69.87% in past 30-days. Number of shares sold short was 12.21 million shares which calculate 5.29 days to cover the short interests.

RILY Dividends

B. Riley Financial Inc is more likely to be releasing its next quarterly report in October and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 37.81%, the share has a forward dividend of 2.00 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 8.0%.

B. Riley Financial Inc (NASDAQ:RILY)’s Major holders

Insiders are in possession of 47.61% of company’s total shares while institution are holding 34.52 percent of that, with stock having share float percentage of 65.89%. Investors also watch the number of corporate investors in a company very closely, which is 34.52% institutions for B. Riley Financial Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at RILY for having 2.81 million shares of worth $49.49 million. And as of 2024-06-30, it was holding 9.3547 of the company’s outstanding shares.

The second largest institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, which was holding about 1.59 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.2968 of outstanding shares, having a total worth of $28.02 billion.