In last trading session, B. Riley Financial Inc (NASDAQ:RILY) saw 0.45 million shares changing hands with its beta currently measuring 1.22. Company’s recent per share price level of $5.90 trading at $0.15 or 2.61% at ring of the bell on the day assigns it a market valuation of $178.74M. That closing price of RILY’s stock is at a discount of -579.49% from its 52-week high price of $40.09 and is indicating a premium of 31.02% from its 52-week low price of $4.07. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.1 million shares which gives us an average trading volume of 2.05 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.
B. Riley Financial Inc (NASDAQ:RILY) trade information
Upright in the green during last session for gaining 2.61%, in the last five days RILY remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $5.90 price level, adding 5.6% to its value on the day. B. Riley Financial Inc’s shares saw a change of -71.89% in year-to-date performance and have moved 22.15% in past 5-day. B. Riley Financial Inc (NASDAQ:RILY) showed a performance of -2.96% in past 30-days. Number of shares sold short was 10.29 million shares which calculate 6.12 days to cover the short interests.
RILY Dividends
B. Riley Financial Inc is more likely to be releasing its next quarterly report in December 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 16.95%, the share has a forward dividend of 1.00 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 9.15%.
B. Riley Financial Inc (NASDAQ:RILY)’s Major holders
Insiders are in possession of 47.40% of company’s total shares while institution are holding 27.52 percent of that, with stock having share float percentage of 52.32%. Investors also watch the number of corporate investors in a company very closely, which is 27.52% 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 million.
On the other hand, iShares Core S&P Smallcap ETF and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Aug 31, 2024 , the former fund manager was holding 1.11 shares of worth $6.48 million or 3.65% of the total outstanding shares. The later fund manager was in possession of 620.9 shares on Aug 31, 2024 , making its stake of worth around $3.64 million in the company or a holder of 2.05% of company’s stock.
