Alert: Major Price Advance (12/4/23)-B. Riley Financial Inc (NASDAQ: RILY).


On 12/4/23, B. Riley Financial Inc (NASDAQ: RILY) stock enjoyed a major increase of 14.8%, closing at $23.13. Moreover, exceptionally high trading volume at 201% of normal accompanied the advance. The stock has risen 10.4% during the last week and has been strong relative to the market over the last nine months.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, RILY is expected to be Value Creation neutral.

B. Riley Financial has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. B. Riley Financial has a slightly negative Appreciation Score of 36 but a good Power Rating of 72, producing the Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.