In yesterday’s Wall Street session, B. Riley Financial Inc (NASDAQ:RILY) shares traded at $7.22, down -11.41% from the previous session.
RILY stock price is now -61.43% away from the 50-day moving average and -68.07% away from the 200-day moving average. The market capitalization of the company currently stands at $218.77M.
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In other news, B. Riley Financial, Inc., 10% Owner sold 57,466 shares of the company’s stock on Aug 09 ’24. The stock was sold for $657,951 at an average price of $11.45. Upon completion of the transaction, the 10% Owner now directly owns 1,312,548 shares in the company, valued at $9.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 08 ’24, 10% Owner B. Riley Financial, Inc. sold 40,578 shares of the business’s stock. A total of $456,166 was realized by selling the stock at an average price of $11.24. This leaves the insider owning 1,370,014 shares of the company worth $9.89 million. A total of 48.67% of the company’s stock is owned by insiders.
During the past 12 months, B. Riley Financial Inc has had a low of $7.08 and a high of $52.74. The fifty day moving average price for RILY is $18.3866 and a two-hundred day moving average price translates $22.46835 for the stock.
The latest earnings results from B. Riley Financial Inc (NASDAQ: RILY) was released for 2024-03-31. The net profit margin was -10.72% and return on equity was -47.45% for RILY. The company reported revenue of $343.03 million for the quarter, compared to $432.09 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.61 percent. For the current quarter, analysts expect RILY to generate $nan in revenue.
