Stocks of B. Riley Financial Inc (NASDAQ:RILY) traded higher last session on Wall Street, up 1.55% to $3.28.
RILY stock price is now 7.65% away from the 50-day moving average and -24.33% away from the 200-day moving average. The market capitalization of the company currently stands at $100.03M.
In other news, B. Riley Financial, Inc., 10% Owner sold 32,678 shares of the company’s stock on Aug 26 ’24. The stock was sold for $419,481 at an average price of $12.84. Upon completion of the transaction, the 10% Owner now directly owns 994,034 shares in the company, valued at $3.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 27 ’24, 10% Owner B. Riley Financial, Inc. sold 13,525 shares of the business’s stock. A total of $173,407 was realized by selling the stock at an average price of $12.82. This leaves the insider owning 980,509 shares of the company worth $3.22 million. A total of 48.03% of the company’s stock is owned by insiders.
During the past 12 months, B. Riley Financial Inc has had a low of $2.67 and a high of $20.80. The fifty day moving average price for RILY is $3.0472 and a two-hundred day moving average price translates $4.33525 for the stock.
The latest earnings results from B. Riley Financial Inc (NASDAQ: RILY) was released for 2024-09-30. The net profit margin was -81.23% and return on equity was -678.26% for RILY. The company reported revenue of $199.31 million for the quarter, compared to $363.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -45.14 percent.
