B. Riley Financial Inc (NASDAQ: RILY) stock closed at $29.75 on 4/24/24 after a major increase of 37.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 746% of normal. The stock has risen 42.2% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
RILY’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
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 Appreciation Score of 26 and a poor Power Rating of 22, resulting in 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