The closing price of B. Riley Financial Inc (NASDAQ: RILY) was $17.75 for the day, down -6.63% from the previous closing price of $19.01. In other words, the price has decreased by -$1.26 from its previous closing price. On the day, 617415 shares were traded. RILY stock price reached its highest trading level at $19.20 during the session, while it also had its lowest trading level at $17.75.
Ratios:
Our analysis of RILY’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 17.02 whereas as Long-Term Debt/Eq ratio is at 16.99.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 08 ’24 when B. Riley Financial, Inc. sold 852,455 shares for $11.00 per share. The transaction valued at 9,377,005 led to the insider holds 0 shares of the business.
B. Riley Financial, Inc. sold 2,757,308 shares of RILY for $30,330,388 on Feb 07 ’24. The 10% Owner now owns 0 shares after completing the transaction at $11.00 per share. On Jan 23 ’24, another insider, B. Riley Financial, Inc., who serves as the 10% Owner of the company, sold 9,353 shares for $7.82 each. As a result, the insider received 73,146 and left with 184,862 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RILY now has a Market Capitalization of 542.85M and an Enterprise Value of 2.77B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 1.72 whereas that against EBITDA is 37.00.
Stock Price History:
The Beta on a monthly basis for RILY is 1.53, which has changed by -38.58% over the last 52 weeks, in comparison to a change of 29.19% over the same period for the S&P500. Over the past 52 weeks, RILY has reached a high of $60.72, while it has fallen to a 52-week low of $14.46. The 50-Day Moving Average of the stock is 19.59, while the 200-Day Moving Average is calculated to be 33.79.
Shares Statistics:
RILY traded an average of 1.40M shares per day over the past three months and 1.27M shares per day over the past ten days. A total of 28.52M shares are outstanding, with a floating share count of 16.24M. Insiders hold about 46.88% of the company’s shares, while institutions hold 50.48% stake in the company. Shares short for RILY as of Feb 29, 2024 were 13.37M with a Short Ratio of 9.57, compared to 10.38M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 43.72% and a Short% of Float of 73.26%.
Dividends & Splits
With its trailing 12-month dividend rate of 4.00, RILY has a forward annual dividend rate of 3.50. Against a Trailing Annual Dividend Yield of 21.04%, it implies a Forward Annual Dividend Yield of 11.27%. The stock’s 5-year Average Dividend Yield is 5.96.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
