Stock Rating Upgrade
The Value Trend Rating for B. Riley Financial Inc (NASDAQ: RILY) improved of late from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
B. Riley Financial Inc (NASDAQ: RILY) stock enjoyed a major increase of 16.1% on 8/16/24. The shares closed at $5.85. Moreover, trading volume in this advance was exceptionally high at 1019% of normal. The stock has been weak relative to the market over the last nine months and has declined -66.3% 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 C (Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. B. Riley Financial has a neutral Appreciation Score of 60 and a slightly negative Power Rating of 39, resulting in the Neutral Value Trend Rating.
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