B. Riley Financial (RILY) Upgraded to “Buy” at BidaskClub
B. Riley Financial (NASDAQ:RILY) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a report issued on Tuesday.
B. Riley Financial (NASDAQ RILY) opened at $18.85 on Tuesday. The stock has a market cap of $510.82, a PE ratio of 12.48 and a beta of 0.95. The company has a quick ratio of 2.99, a current ratio of 2.99 and a debt-to-equity ratio of 3.07. B. Riley Financial has a 1-year low of $13.55 and a 1-year high of $20.35.
In other news, CEO Bryant R. Riley bought 8,679 shares of B. Riley Financial stock in a transaction on Monday, November 20th. The shares were bought at an average cost of $17.75 per share, for a total transaction of $154,052.25. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Bryant R. Riley bought 38,572 shares of B. Riley Financial stock in a transaction on Friday, December 1st. The stock was purchased at an average price of $17.89 per share, for a total transaction of $690,053.08. The disclosure for this purchase can be found here. 30.90% of the stock is currently owned by corporate insiders.
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B. Riley Financial Company Profile
B. Riley Financial, Inc is an independent investment bank. The Company’s segments include capital markets, auction and liquidation, valuation and appraisal, and Principal Investments-United Online. The capital markets segment provides an array of investment banking, corporate finance, research, wealth management, sales and trading services to corporate, institutional and high net worth clients.
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