B. Riley Financial Inc (NASDAQ: RILY) stock closed at $28.52 on 5/16/24 after a major decline of -11.3%. Moreover, trading volume in this decline was above average at 147% of normal. The stock has declined -9.4% during the last week and has been extremely weak relative to the market over the last nine months.
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 consistent signals. B. Riley Financial has a poor Power Rating of 26 and a very low Appreciation Score of 8, triggering the Lowest Value Trend Rating.
Rating Review
In light of this highly negative 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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