Trading Day Review: B. Riley Financial Inc (RILY) Gains Momentum, Closing at 3.02

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The price of B. Riley Financial Inc (NASDAQ: RILY) closed at $3.02 in the last session, up 7.09% from day before closing price of $2.82. In other words, the price has increased by $7.09 from its previous closing price. On the day, 1.28 million shares were traded.

Ratios:

We take a closer look at RILY’s different ratios to gain a better understanding of the stock.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 26 ’24 when B. Riley Financial, Inc. sold 32,678 shares for $12.84 per share. The transaction valued at 419,481 led to the insider holds 994,034 shares of the business.

B. Riley Financial, Inc. sold 13,525 shares of RILY for $173,407 on Aug 27 ’24. The 10% Owner now owns 980,509 shares after completing the transaction at $12.82 per share. On Aug 23 ’24, another insider, B. Riley Financial, Inc., who serves as the 10% Owner of the company, sold 9,819 shares for $12.82 each. As a result, the insider received 125,874 and left with 1,026,712 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09.

Stock Price History:

Over the past 52 weeks, RILY has reached a high of $37.08, while it has fallen to a 52-week low of $2.67. The 50-Day Moving Average of the stock is -19.04%, while the 200-Day Moving Average is calculated to be -46.47%.

Shares Statistics:

A total of 30.50M shares are outstanding, with a floating share count of 15.90M. Insiders hold about 47.85% of the company’s shares, while institutions hold 24.97% stake in the company.

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