Should Investors Trust The Upside Potential In B. Riley Financial Inc (RILY)?

B. Riley Financial Inc (NASDAQ:RILY) currently has a daily average trading volume of 1.25M but it saw 1599668 shares traded in last market. With a market cap of 482.98M USD, the company’s current market price of $15.94 came falling about -9.17 while comparing to the previous closing price of $17.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $60.72 and as low as $14.46.

Taking a look at 20-day trading activity of B. Riley Financial Inc (RILY) gives us an average price of $17.15, while its current price level is -73.75% below from 52-week high level whereas it is 10.24% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $22.10 while that of 200 days or SMA-200 reads an average of $24.12. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.84% during that period while stretching the period over a month that decreases to 9.28%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.07 which implies that the stock is in neutral territory.

Over the week, RILY’s stock price is moving -19.54% down while it is -21.75% when we observe its performance for the past one month. Year-to-date it is -24.06% down and over the past year, the stock is showing a downside performance of -72.77%.

Currently, B. Riley Financial Inc’s total number of outstanding shares is 29.94M. Company’s return on investment (ROI) stands at -6.18% and return on equity (ROE) at -47.45%. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 2.10 while price to sale or P/S ratio amounts to 0.34. Its return on asset (ROA) is -2.49% on average.