B. Riley Financial (NASDAQ:RILY – Get Free Report) released its quarterly earnings results on Friday. The asset manager reported ($4.97) EPS for the quarter, Zacks reports. B. Riley Financial had a negative net margin of 48.04% and a negative return on equity of 236.88%.
B. Riley Financial Stock Up 10.4 %
Shares of NASDAQ:RILY traded up $0.32 during midday trading on Friday, hitting $3.40. The stock had a trading volume of 4,754,420 shares, compared to its average volume of 1,019,247. The company’s 50-day moving average price is $4.59 and its 200-day moving average price is $5.60. B. Riley Financial has a fifty-two week low of $2.73 and a fifty-two week high of $40.09. The company has a market capitalization of $103.70 million, a P/E ratio of -0.16 and a beta of 1.30.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of B. Riley Financial to a “sell” rating in a report on Tuesday, January 14th.
B. Riley Financial Company Profile
B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
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