On 7/26/24, B. Riley Financial Inc (NASDAQ: RILY) stock enjoyed a major increase of 10.6%, closing at $18.52. Moreover, above average trading volume at 132% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 3.3% 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 F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. B. Riley Financial has a neutral Power Rating of 41 but a very low Appreciation Score of 15, leading to 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