B. Riley Financial Inc (NASDAQ: RILY) has seen a decline in its stock price by -1.03 in relation to its previous close of 4.85. However, the company has experienced a -9.77% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-14 that After the close of Wednesday’s regular session, beleaguered investment bank and financial services provider B. Riley Financial, Inc. filed a well-anticipated notification of late filing with the SEC. The company will require more time to assess the impact of the Franchise Group bankruptcy and recent asset monetizations on its financial statements. B. Riley also disclosed selected preliminary Q3 results. The company finished the quarter with $159 million in cash and $2.06 billion in debt.
Is It Worth Investing in B. Riley Financial Inc (NASDAQ: RILY) Right Now?
The stock has a 36-month beta value of 1.19. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for RILY is 15.55M, and at present, short sellers hold a 60.28% of that float. On November 15, 2024, the average trading volume of RILY was 3.54M shares.
RILY’s Market Performance
The stock of B. Riley Financial Inc (RILY) has seen a -9.77% decrease in the past week, with a -11.76% drop in the past month, and a -17.95% fall in the past quarter. The volatility ratio for the week is 6.61%, and the volatility levels for the past 30 days are at 8.98% for RILY. The simple moving average for the last 20 days is -14.10% for RILY stock, with a simple moving average of -70.60% for the last 200 days.
RILY Trading at -11.82% from the 50-Day Moving Average
After a stumble in the market that brought RILY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.03% of loss for the given period.
Volatility was left at 8.98%, however, over the last 30 days, the volatility rate increased by 6.61%, as shares sank -19.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.26% lower at present.
During the last 5 trading sessions, RILY fell by -9.77%, which changed the moving average for the period of 200-days by -79.50% in comparison to the 20-day moving average, which settled at $5.59. In addition, B. Riley Financial Inc saw -77.13% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RILY starting from B. Riley Financial, Inc., who sale 32,678 shares at the price of $12.84 back on Aug 26 ’24. After this action, B. Riley Financial, Inc. now owns 994,034 shares of B. Riley Financial Inc, valued at $419,481 using the latest closing price.
B. Riley Financial, Inc., the 10% Owner of B. Riley Financial Inc, sale 13,525 shares at $12.82 during a trade that took place back on Aug 27 ’24, which means that B. Riley Financial, Inc. is holding 980,509 shares at $173,407 based on the most recent closing price.
Stock Fundamentals for RILY
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.66 for the gross margin
The net margin for B. Riley Financial Inc stands at -0.1. The total capital return value is set at 0.01. Equity return is now at value -47.45, with -2.49 for asset returns.
Based on B. Riley Financial Inc (RILY), the company’s capital structure generated 0.91 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 9.57. The interest coverage ratio of the stock is 0.3.
Currently, EBITDA for the company is 102.22 million with net debt to EBITDA at 35.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.47. The receivables turnover for the company is 12.25for trailing twelve months and the total asset turnover is 0.3.
Conclusion
To sum up, B. Riley Financial Inc (RILY) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
