On 4/8/24, B. Riley Financial Inc (NASDAQ: RILY) stock enjoyed a major increase of 12.8%, closing at $26.37. Trading volume in this advance was normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 24.6% during the last week.
Current PriceTarget Research Rating
RILY is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
B. Riley Financial has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. B. Riley Financial has a poor Power Rating of 22 and a poor Appreciation Score of 22, producing the Lowest Value Trend Rating.
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.
Be the first to comment