B. Riley Financial (RILY) Given Coverage Optimism Rating of 1.88
Media coverage about B. Riley Financial (NASDAQ:RILY) has trended somewhat positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. B. Riley Financial earned a media sentiment score of 1.88 on their scale. InfoTrie also assigned media headlines about the asset manager an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock’s share price in the near term.
These are some of the headlines that may have impacted B. Riley Financial’s score:
- Vivaldi Capital Management, LLC Buys B. Riley Financial Inc, SPDR Portfolio Developed World … (gurufocus.com)
- B. Riley Makes Significant Wealth Management Advisor and Investment Banking Hires in Houston (finance.yahoo.com)
- NetworkNewsWire to Serve as Media and Platinum Sponsor for B. Riley FBR’s 20th Annual Institutional Investor Conference (globenewswire.com)
- B. Riley Financial (RILY) Receiving Favorable Press Coverage, Study Finds (americanbankingnews.com)
- B. Riley Financial Inc (RILY) CEO Purchases $94,525.00 in Stock (americanbankingnews.com)
Shares of RILY stock traded up $0.37 during trading hours on Thursday, hitting $19.45. The stock had a trading volume of 1,620 shares, compared to its average volume of 77,766. B. Riley Financial has a one year low of $13.60 and a one year high of $23.70. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 5.47. The stock has a market capitalization of $507.28 million, a price-to-earnings ratio of 13.35 and a beta of 1.24.
The company also recently announced a None dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Wednesday, May 15th will be issued a $0.18 dividend. The ex-dividend date is Tuesday, May 14th. This represents a dividend yield of 1.64%.
Separately, BidaskClub raised B. Riley Financial from a “strong sell” rating to a “sell” rating in a report on Saturday, February 2nd.
In related news, Director Agostino Robert P. D purchased 8,341 shares of the company’s stock in a transaction that occurred on Friday, February 22nd. The stock was bought at an average price of $16.32 per share, for a total transaction of $136,125.12. Following the completion of the transaction, the director now owns 131,764 shares in the company, valued at approximately $2,150,388.48. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Andrew Moore purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The stock was bought at an average price of $16.97 per share, with a total value of $169,700.00. Following the transaction, the chief executive officer now owns 101,916 shares of the company’s stock, valued at approximately $1,729,514.52. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 189,825 shares of company stock worth $3,286,861 and sold 24,508 shares worth $185,663. Insiders own 24.60% of the company’s stock.
About B. Riley Financial
B. Riley Financial, Inc, through its subsidiaries, provides collaborative financial services and solutions in North America, Australia, and Europe. The company operates in four segments: Capital Markets, Auction and Liquidation, Valuation and Appraisal, and Principal Investments – United Online and magicJack.
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