B. Riley Financial Inc (NASDAQ: RILY) stock closed at $20.33 on 3/20/24 after a major increase of 11.6%. However, this advance was accompanied by below average trading volume at 80% of normal. The stock has risen 1.1% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
RILY’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
B. Riley Financial has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. B. Riley Financial has a slightly negative Appreciation Score of 32 and a poor Power Rating of 22, and the Lowest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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