On 7/5/24, B. Riley Financial Inc (NASDAQ: RILY) stock suffered a major decline of -11.3%, closing at $15.05. Moreover, unusually high trading volume at 186% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -16.2% 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). 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 Power Rating of 35 and a poor Appreciation Score of 18, 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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