Stock Rating Upgrade
The Value Trend Rating for B. Riley Financial Inc (NASDAQ: RILY) improved in the last week 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 declined modestly by -1.9% on 11/8/24. The stock closed at $5.22. However, this decline was accompanied by exceptionally low trading volume at 38% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -11.5% 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 (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. B. Riley Financial has a good Appreciation Score of 70 but a poor Power Rating of 26, leading to the Low Neutral Value Trend Rating.
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