Iris Energy, a publicly traded sustainable Bitcoin mining firm (IREN), has agreed to sell investment bank B. Riley Financial up to $100 million in equity
Although US stocks closed mostly higher on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company''s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga''s insider transactions platform. Coinbase Global The Trade: Coinbase Global, Inc. (NASDAQ: COIN ) Director … Full story available on Benzinga.com
As interest rates increase, searching for quality companies with ultra-high dividend stocks is even more vital for income investors looking to deliver on their retirement dreams. At the beginning of 2022, the S&P 500 yield was 1.27% . At the end of June, it was up 42 basis points to 1.69%. However, over the same period, the U.S. 10-Year Treasury went from 1.63% at the beginning of the year to 2.97% at the end of June, an 82% increase in just six months. So, if income is your only concern, the Treasury is the better play over one of several index-related ETFs. However, if you want income and capital appreciation, there are a decent number of opportunities in the index. What’s the definition of ultra-high dividend stock? Well, at the very least, it’s double the current yield on the 10-year Treasury. That brings us to 6%, more than 3x the index’s yield. A quick index screen tells me that only six of the 505 constituent stocks in the S&P 500 yield 6% or more. I’ve got to widen the net. The S&P 1500 currently has 50 stocks yielding 6% or more.
Shares of FaZe Clan (NASDAQ: FAZE ) began publicly trading on the Nasdaq last month after completing a special purpose acquisition company (SPAC) merger worth $725 million. The merger was first announced last October at a valuation of $1 billion. And some individual and institutional investors are betting big on FAZE stock. FaZe operates as a media and influencer company that includes 94 total members . The majority of these members consist of gaming influencers and celebrities, such as Snoop Dogg and Babybay. Combined, these members boast a social media following of over 500 million fans across multiple social media platforms. The company was originally founded in 2010 as a group of influencers who posted video game footage online. FaZe began branching out as popularity grew and moved into video game competitions (aka esports). In May, Forbes ranked FaZe as the fourth most valuable esports company. TSM ranks first place, followed by 100 Thieves and Team Liquid . According to Statista , the global creator economy has a total addressable market of over $13 billion.
In the long term, B. Riley Financial’s revenue is expected to grow at a CAGR of high single-digits. Investors with long-term time horizon can buy RILY shares around current price.
Shares of diversified financial services platform B. Riley Financial, Inc. (RILY) are on the move, clocking 27% gains over the past month. Additionally, a major insider just scooped up shares in the company. Our insider trading tool shows RILY Director Randall Paulson bought shares worth $2.09 million yesterday at $52.20 per share. The director has been consistently buying up RILY shares over the past two years and now has a total holding of $11.78 million in the company. Furthermore, Paulson has seen a 59.1% average return on his investments in RILY over the past 12 months. Overall, insiders have lapped up RILY shares worth $20.
The following slide deck was published by B. Riley Financial, Inc.
B. Riley Financial, Inc.
B. Riley Financial press release (RILY): Q2 Non-GAAP EPS of -$4.36.Revenue of $42.7M (-87.3% Y/Y).Bryant Riley, Chairman and Co-Chief Executive Officer of B
B. Riley Financial (RILY) declares $1.00/share quarterly dividend, in line with previous.
Kitchen United, a Pasadena, CA-based provider of ghost kitchen and restaurant hub technology, raised $100M in Series C funding. Backers included Alimentation Couche-Tard / Circle K (TSX: ATD), The Kroger Co. (NYSE: KR), Restaurant Brands International (NYSE: QSR), B. Riley Venture Capital, a subsidiary of B. Riley Financial (NASDAQ: RILY), Simon (NYSE: SPG), Phillips Edison & Co (NASDAQ: PECO), The HAVI Group, […] The post Kitchen United Raises $100M in Series C Funding appeared first on FinSMEs .
Source: Sittipong Phokawattana/Shutterstock Exela Technologies (NASDAQ: XELA ) has been in full focus since receiving an acquisition offer for one of its business units last week. The company specializes in transaction processing and other business solutions. Now, shares of XELA stock are up more than 60% in the past five trading days. The preliminary, non-binding offer was for an unspecified business unit of Exela that generates $200 million in revenue. In addition to this proposal, Exela is in discussions with several other parties concerning acquisitions. In June, the company announced its intent to sell several of its standalone assets. Exela initiated this plan in order to minimize debt, lower interest expenses and maximize shareholder value. Exela says that its board will “carefully review” the offer and consult with financial and legal parties. Meanwhile, the company and board will evaluate other strategic alternatives as well. Today, XELA stock is soaring higher by more than 15%.
NEW YORK , July 13, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ: RTL ) ("RTL") announced today that Michael Weil , its CEO, was featured in a video interview conducted during Nareit''s REITweek 2022 Investor Conference in New York June 7 – 9. Mr. Weil also provided a business update and discussed RTL''s first quarter results during a fireside chat with Bryan Maher , Managing Director, B. Riley Financial, Inc. during the conference. Links to the video interview and fireside … Full story available on Benzinga.com
Following the rapid vaccination drives across the world last year, the demand for Covid-19 vaccines is declining. However, booster doses targeting new subvariants are expected to drive sales for coronavirus stocks in the days ahead. Recently, the U.S. Food and Drug Administration (FDA) advised Covid-19 vaccine makers to update their booster shots, scheduled for this fall, to include components that could combat the currently dominant Omicron BA.4 and BA.5 subvariants. Given the uncertainty associated with Covid-19, it is difficult to determine the demand for vaccines in 2023 and the year ahead. 7 Best Biotech Stocks to Buy in July 2022 Amid this backdrop, I used the TipRanks Stock Comparison Tool to compare the following coronavirus vaccine makers to pick the stock that could offer a higher upside from current levels. Ticker Company Price PFE Pfizer Inc. $53.44 MRNA Moderna, Inc. $176.18 NVAX Novavax, Inc. $71.06 Coronavirus Stocks: Pfizer (PFE) Source: Manuel Esteban / Shutterstock.com Pfizer’s (NYSE: PFE ) Fiscal 2022 guidance indicates that the biopharmaceutical giant’s revenue could cross the $100 billion mark, thanks to the Pfizer-BioNTech Covid-19 vaccine, Comirnaty , and oral antiviral pill, Paxlovid .
On Wednesday, shares of B. Riley Financial, Inc. (NASDAQ: RILY ) experienced volatile short activity. After the activity, the stock price went down -1.93% to $43.13. The overall sentiment for RILY has been Bearish. The signal from the volatility alert is trending Bearish . Therefore, the recommendation is to Strong Sell. The volatility alert was produced on the prior trading date, 6/29/2022, with a volatility change of 61.38%. The current volatility indicator stands at 9.145. Overview: The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves … Full story available on Benzinga.com
Los Angeles-based B. Riley Financial, Inc. (NASDAQ: RILY), which owns a 10% stake in Lazydays Holdings, Inc. (NASDAQ: LAZY), has bought more than $1 million worth of the company’s shares. According to the company’s SEC filing, the informative purchases were made between June 27 and June 29. The financial solutions provider also bought shares worth $687,532 last week. A pictorial representation of the above-mentioned transactions is given below: Apart from enlisting all the buy and sell transactions made by insiders, TipRanks’ Insider Trading Activity tool also shows that Insider Confidence Signal is currently Positive for Lazydays, with corporate insiders buying LAZY stock worth $1.7 million in the last three months.
With hardly any warning, Allena Pharmaceuticals (NASDAQ: ALNA ) stock shot out of the gate this morning, tripling in price on heavy trading volume. Yet, there doesn’t appear to be any company-specific news surrounding Allena Pharmaceuticals. Could there be a massive short squeeze afoot? It’s a valid question, as traders on social media sites like Reddit have been known to target low-priced stocks. And shares of Allena Pharmaceuticals are super-cheap, even after today’s 200%-plus move. Besides, Reddit traders sometimes like to focus on under-the-radar companies, and Allena Pharmaceuticals is definitely under the radar, with its sub-$50 million market capitalization. Before you go chasing the ALNA stock rally, it’s important to know what the company is all about. Tiny but ambitious Allena Pharmaceuticals focuses on addressing hard-to-treat metabolic disorders by leveraging the power of oral enzymes. The company’s flagship product candidate is ALLN-346 , an orally administered enzyme that breaks down urate in the gastrointestinal tract.
B. Riley Financial Inc. (NASDAQ:RILY) shares, rose in value on Friday, 06/24/22, with the stock price up by 2.32% to the previous day’s close as strong demand from buyers drove the stock to $46.38. Actively observing the price movement in the last trading, the stock closed the session at $45.33, falling within a range of … Looking For A Top Momentum Stock? Why B. Riley Financial Inc. (NASDAQ: RILY) Is A Great Pick Read More »
B. Riley Financial Inc (RILY) shares closed today at 2.0% above its 52 week low of $44.12, giving the company a market cap of $1B. The stock is currently down 47.5% year-to-date, down 31.4% over the past 12 months, and up 215.2% over the past five years. This week, the Dow Jones Industrial Average fell 4.8%, and the S&P 500 fell 5.7%. Trading Activity Trading volume this week was 101.4% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.7. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 3.2% lower than its 5-day moving average, 12.0% lower than its 20-day moving average, and 23.0% lower than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 798.9% The company's stock price performance over the past 12 months lags the peer average by 1843.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
These insider stocks offer encouragement because those closest to the business are buying in. Six Flags Entertainment ( SIX ): A declining consumer economy hurts SIX, but insiders are buying heavily. Rivian Automotive ( RIVN ): RIVN is one of the top insider stocks, despite recent woes. Carvana ( CVNA ): Carvana appears to be up against a wall but insiders are buying. Coty ( COTY ): Coty’s execs feel differently than consumers about this stock. Riley Financial ( RILY ): Insiders believe this wealth management business could boom. Kratos Defense & Security Solutions ( KTOS ): A beneficiary of disruption in the modern global order, it’s no wonder that insiders are buying. Vital Farms ( VITL ): Combining an extraordinarily relevant business with ethical principles, VITL happens to be one of the under-the-radar insider stocks. Source: Shutterstock Movement in insider stocks is a way to truly find out if corporate executives and prominent backers believe in the underlying business. Thanks to regulatory disclosures, investors can easily find out this information.
These three beaten-down small-cap stocks are “buys” now as they have been on sale in 2022. Riley Financial ( RILY ): With a dividend yield of 7.7% and robust sales growth, this stock is too attractive to ignore. Camping World Holdings ( CWH ): This is a value stock with a high dividend yield of more than 8%. IDT Corporation ( IDT ): Strong net income and EBITDA growth over the past two consecutive years bodes well for IDT stock. Source: iQoncept / Shutterstock One of the best times to buy stocks is when they are selling at a discount after a steep selloff, like the recent one in the U.S. stock market. I have chosen three beaten-down small-cap stocks to buy in light of this. Two out of these three stocks have high dividend yields of more than 7.5%. The third stock has witnessed two consecutive years of strong fundamentals, so there is a story that makes these stocks appealing other than their depressed prices. Small-cap stocks often tend to move in a more volatile way compared to other large-cap stocks.
B. Riley Financial Inc. (NASDAQ:RILY) shares, rose in value on Friday, 05/13/22, with the stock price up by 2.70% to the previous day’s close as strong demand from buyers drove the stock to $48.32. Actively observing the price movement in the last trading, the stock closed the session at $47.05, falling within a range of … Thinking Of Buying B. Riley Financial Inc. (NASDAQ: RILY) Stock? Here Is What You Should Know Read More »
Summary List Placement When Gregg Ribatt took over as Crocs ''s CEO in 2014, he made two typical moves in an attempt to revive the Colorado-based company that five years earlier was on the brink of bankruptcy. He hired a new chief marketing officer and an ad agency. Less expected? He cut half of the company''s products, closed unprofitable brick-and-mortar stores, and adopted a laser focus on one product: the foam clogs known as the " ugliest shoes ever. " Seven years and another new CEO later Andrew Rees replaced Ribatt as CEO in 2017 those strategies have paid off. The company saw a surge in revenue in its second quarter this year, jumping 93% year-over-year , to $640.8 million. Meanwhile, it hit a cultural milestone when musician Questlove sported gold Crocs to the Oscars red carpet this year. A desire for comfort during the pandemic and a stroll down the red carpet aren''t the only boosts to the 20-year-old company''s popularity. The surge of love has been in the works for years and is the result of a highly targeted campaign that doubled down on the idea that some people actually hate the shoe with a passion and its fans don''t care.
Related Stocks: RILY ,
Summary List Placement When Gregg Ribatt took over as Crocs's CEO in 2014, he made two typical moves in an attempt to revive the Colorado-based company that five years earlier was on the brink of bankruptcy. He hired a new chief marketing officer and an ad agency. Less expected? He cut half of the company's products, closed unprofitable brick-and-mortar stores, and adopted a laser focus on one product: the foam clogs known as the " ugliest shoes ever. " Seven years and another new CEO later — Andrew Rees replaced Ribatt as CEO in 2017 — those strategies have paid off. The company saw a surge in revenue in its first quarter this year, jumping 64% year-over-year , to $460.1 million. Meanwhile, it hit a cultural milestone when musician Questlove sported gold Crocs to the Oscars red carpet this year. A desire for comfort during the pandemic and a stroll down the red carpet aren't the only boosts to the 20-year-old company's popularity. The surge of love has been in the works for years and is the result of a highly targeted campaign that doubled down on the idea that some people actually hate the shoe — with a passion — and its fans don't care.
NewAge Inc (NASDAQ: NBEV) Q4 2020 earnings call dated Mar. 16, 2021 Corporate Participants: Riley Timmer — Vice President, Investor Relations Brent Willis — Chief Executive Officer Mark Wilson — Group President Analysts: David Bain — B. Riley Financial […] The post NewAge Inc (NBEV) Q4 2020 Earnings Call first appeared on AlphaStreet .
THOR MINING COMMENCES TRADING ON OTCQB Venture MARKET in the United States. Thor Mining PLC is pleased to announce that trading in the Company's ordinary shares will begin today on the OTCQB Market in the United States, under the ticker "THORF".. B. Riley Securities, Inc. is a full-service investment bank and subsidiary of B. Riley Financial, Inc., based in Los Angeles…
LOS ANGELES, March 1, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it will redeem all of the issued and outstanding 7.50% Senior Notes due 2027 (the "Notes") on March 31, 2021 (the "Redemption Date"). The Notes have an…
LOS ANGELES, Feb. 25, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Financial Highlights Record quarterly total revenues of $410.2 million…
LOS ANGELES and NEW YORK, Feb. 25, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") and National Holdings Corporation (NASDAQ: NHLD) ("National") today announced the completion of the firms' previously announced merger. In connection with the transaction, National…
LOS ANGELES , Feb. 23, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY ), a leading provider of financial services and business advisory solutions, today announced the addition of a Compliance, Risk and Resilience practice to its financial consulting division, B. Riley Advisory Services . Scott Corzine and Duane Lohn join B. Riley Advisory Services to lead a team of experienced risk management practitioners who specialize in business continuity, cybersecurity risk management, crisis management, ERM, and operational resilience. "The ability to quickly identify, mitigate and address risk is critically important to the longevity and success of every organization in the current business climate. This highly talented group provides significant capabilities to help clients not only assess risk but also strategically navigate challenges to improve resiliency," said Ian Ratner , Co-Chief Executive of B. Riley Advisory Services. "We are excited to welcome Scott and Duane to the team and look forward to introducing this group to B.
A surge of expected store closings early this year hasn’t materialized after strong holiday sales prompted retailers to hold on to their leases in hopes of a shopping rebound. “It wasn’t the wave everyone thought it would be,” said Ryan Mulcunry, a managing director at B. Riley Financial who advises retailers. Last year, retailers announced plans to shutter a record 12,200 stores, according to CoStar Group. But some are now reconsidering after larger holiday revenues and ready support from lenders gave them more breathing room, Mulcunry said. Holiday sales jumped 8.3 percent in November and December compared to a year earlier, according to the National Retail Federation, easily beating an expected gain of 3.6 percent to 5.2 percent. Troubled retailers traditionally have sought to restructure their debts — which can include filing for bankruptcy and closing locations — early in the year when they are flush with cash following the holiday season. Even this year, not all retailers have been spared.
NEW YORK , Feb. 6, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: National Holdings Corporation (NASDAQ: NHLD ) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to B. Riley Financial, Inc. for $3.25 per share. If you are a … Full story available on Benzinga.com
B. Riley Financial Inc. shares closed 2.0% higher than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 14.4% year-to-date, up 97.0% over the past 12 months, and up 499.2% over the past five years. This week, the Dow Jones Industrial Average rose 1.3%, and the S&P 500 rose 2.0%. Trading Activity Trading volume this week was 49.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by -340.8% The company's stock price performance over the past 12 months beats the peer average by 82.1% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
NEW YORK , Jan. 30, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: National Holdings Corporation (NASDAQ: NHLD ) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to B. Riley Financial, Inc. for $3.25 per share. If you are a National Holdings shareholder, click here to learn more about your rights and options . Coherent, Inc. (NASDAQ: Full story available on Benzinga.com
LOS ANGELES, Jan. 25, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it has closed an underwritten registered public offering of $200 million aggregate principal amount of 6.00% senior notes due 2028. The Company has granted…
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of National Holdings Corporation (NasdaqCM: NHLD) to B. Riley Financial, Inc. (NasdaqGS: RILY). Under the terms of the proposed transaction, shareholders of National Holdings will receive only $3.25 in cash for each share of National Holdings that they own. KSF is seeking to determine whether this consideration a
GameStop, Intel, Telefonica, B. Riley Financial and Hexo are five of the top stock gainers for Wednesday.
LOS ANGELES, Jan. 13, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it priced an underwritten registered public offering of 1,228,735 shares of its common stock at a price to the public of $46.00 per share (the "Offering"),…
B. Riley Financial Inc. shares closed 9.4% higher than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 5.6% year-to-date, up 94.6% over the past 12 months, and up 433.5% over the past five years. This week, the Dow Jones Industrial Average rose 2.3%, and the S&P 500 rose 2.0%. Trading Activity Trading volume this week was 5.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by -342.7% The company's stock price performance over the past 12 months beats the peer average by 67.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
LOS ANGELES, Jan. 12, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has commenced an underwritten public offering of 870,000 shares of its common stock (the "Offering"), subject to market and certain other conditions. The…
LOS ANGELES, Jan. 12, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or "the Company") today announced certain preliminary estimates for the fourth quarter and full year 2020 ending December 31, 2020. Fourth Quarter 2020 Preliminary Results Net income: $162 to…
LOS ANGELES and NEW YORK, Jan. 11, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified financial services and business advisory company, has entered a definitive agreement to acquire National Holdings Corporation (NASDAQ: NHLD) ("National"), a…
LOS ANGELES, Jan. 11, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced the declaration of cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual…
B. Riley Financial Inc. shares closed the week 13.5% higher than it did at the end of last week. The stock is currently up 69.3% year-to-date, up 54.8% over the past 12 months, and up 364.7% over the past five years. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 1.2%. Trading Activity Shares traded as high as $41.74 and as low as $35.33 this week. Shares closed 0% below its 52-week high and 2e+2% above its 52-week low. Trading volume this week was 7.7% lower than the 10-day average and 6.2% higher than the 30-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at 7.6% higher than its 5-day moving average, 13.1% higher than its 20-day moving average, and 40.7% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector this week, beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year beats its average peer by 19.5% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
LOS ANGELES, Dec. 17, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) today released guidance for the fourth quarter and full year 2020 ending December 31, 2020. Forecasted Fourth Quarter 2020 Results Net income guidance range of $109 to $112 million, or $4.15 to $4.27 per…
B. Riley Financial Inc. shares closed 0.2% higher than its previous 52 week high, giving the company a market cap of $901M. The stock is currently up 47.9% year-to-date, up 33.5% over the past 12 months, and up 313.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.7%, and the S&P 500 fell 1.2%. Trading Activity Trading volume this week was 21.3% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought. MACD, a trend-following momentum indicator, indicates a downward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 4.8% higher than its 20-day moving average, and 28.4% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector this week, beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year beats its average peer by -1122.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
B. Riley Financial Inc. shares closed today at 1.9% below its 52 week high of $36.70, giving the company a market cap of $915M. The stock is currently up 50.2% year-to-date, up 35.2% over the past 12 months, and up 316.0% over the past five years. This week, the Dow Jones Industrial Average rose 0.2%, and the S&P 500 rose 0.0%. Trading Activity Trading volume this week was 46.7% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70. MACD, a trend-following momentum indicator, indicates a downward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at 0.5% higher than its 5-day moving average, 4.3% higher than its 20-day moving average, and 26.6% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector this week, beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year beats its average peer by -919.5% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
B. Riley Financial Inc. shares closed today at 1.7% below its 52 week high of $36.70, giving the company a market cap of $917M. The stock is currently up 50.4% year-to-date, up 36.7% over the past 12 months, and up 316.6% over the past five years. This week, the Dow Jones Industrial Average rose 0.6%, and the S&P 500 rose 0.0%. Trading Activity Trading volume this week was 28.0% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70. MACD, a trend-following momentum indicator, indicates a downward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 5.5% higher than its 20-day moving average, and 27.3% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector this week, beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year beats its average peer by -914.7% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
B. Riley Financial, Inc. (NASDAQ:RILY) CEO Bryant R. Riley acquired 15,000 shares of the stock in a transaction dated Thursday, November 19th. The stock was acquired at an average cost of $32.53 per share, with a total value of $487,950.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which […]