The price of B. Riley Financial Inc (NASDAQ:RILY) shares last traded on Wall Street fell -3.46% to $4.61.
RILY stock price is now -10.49% away from the 50-day moving average and -66.65% away from the 200-day moving average. The market capitalization of the company currently stands at $139.66M.
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 $4.58 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 $4.52 million. A total of 48.67% of the company’s stock is owned by insiders.
During the past 12 months, B. Riley Financial Inc has had a low of $4.07 and a high of $40.09. The fifty day moving average price for RILY is $5.1504 and a two-hundred day moving average price translates $13.82375 for the stock.
The latest earnings results from B. Riley Financial Inc (NASDAQ: RILY) was released for 2024-03-31. The net profit margin was -10.72% and return on equity was -47.45% for RILY. The company reported revenue of $343.03 million for the quarter, compared to $432.09 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.61 percent.
