B. Riley Financial Inc (NASDAQ: RILY) stock closed at $19.81 on 7/17/24 after a major increase of 13.7%. Moreover, this advance was accompanied by unusually high trading volume at 185% of normal. The stock has been weak relative to the market over the last nine months but has risen 23.0% 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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. B. Riley Financial has a slightly negative Power Rating of 37 and a poor Appreciation Score of 15, 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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