Do Investors Have Much Faith In B. Riley Financial Inc (NASDAQ: RILY)

B. Riley Financial Inc (NASDAQ:RILY) does about 2.77M shares in volume on a normal day but saw 2501585 shares change hands in the recent trading day. The company now has a market cap of 180.59M USD. Its current market price is $5.96, marking a decrease of -4.10% compared to the previous close of $6.22. The 52 week high reached by this stock is $52.74 whilst the lowest price level in 52 weeks is $4.51.

B. Riley Financial Inc (RILY) has a 20-day trading average at $11.62 and the current price is -88.70% off the 52-week high compared with 32.15% distance from its 52-week low. The 50-day simple moving average of the closing price is $15.37 and its 200-day simple moving average is $21.10. If we look at the stock’s price movements over the week, volatility stands at 30.36%, which decreases to 18.67% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 30.16 to suggest the stock is neutral.

FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Hold.

The current price level is -51.23%, -62.01%, and -71.95% away from its SMA20, SMA50, and SMA200 respectively, with the RILY price moving above the 50-day SMA on current market day. B. Riley Financial Inc (RILY) stock is up 8.17% over the week and -67.82% over the past month. Its price is -71.61% year-to-date and -86.78% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 29.94M with insiders holding 47.61% of the shares and institutional holders owning 34.51% of the company’s common stock. The company has a return on investment of -6.18% and return on equity of -47.45%. The beta has a value of 1.29. Price to book ratio is 0.79 and price to sales ratio is 0.13.