For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $19.75 in the prior trading day, B. Riley Financial Inc (NASDAQ: RILY) closed at $19.99, up 1.22%. In other words, the price has increased by $1.22 from its previous closing price. On the day, 0.84 million shares were traded. RILY stock price reached its highest trading level at $20.31 during the session, while it also had its lowest trading level at $19.5.
Ratios:
Our goal is to gain a better understanding of RILY by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 17.02 whereas as Long-Term Debt/Eq ratio is at 16.99.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 611352192 and an Enterprise Value of 1767299456. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 1.344.
Stock Price History:
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 0.80%, while the 200-Day Moving Average is calculated to be -37.87%.
Shares Statistics:
The stock has traded on average 1.34M shares per day over the past 3-months and 774740 shares per day over the last 10 days, according to various share statistics. A total of 30.58M shares are outstanding, with a floating share count of 16.24M. Insiders hold about 46.88% of the company’s shares, while institutions hold 50.34% stake in the company. Shares short for RILY as of 1711584000 were 12260125 with a Short Ratio of 9.15, compared to 1709164800 on 13372067. Therefore, it implies a Short% of Shares Outstanding of 12260125 and a Short% of Float of 67.17.
Dividends & Splits
In the trailing 12 months, RILY’s forward annual dividend rate was 4.0, compared to 3.50 this year. The stock’s 5-year Average Dividend Yield is 6.21.
Earnings Estimates
The dynamic stock of B. Riley Financial Inc (RILY) is currently being evaluated by a team of B. Riley Financial, Inc. analysts, each contributing to its current rating.The consensus estimate for the next quarter is $18.51, with high estimates of $19.00 and low estimates of $14.06.
