RILY Stock Summary and Trading Ideas (B. Riley Financial | NASDAQ:RILY)

B. Riley Financial Inc is a diversified financial services company. The company through its subsidiaries offers investment banking and financial services to corporate, institutional and high net worth clients and also asset disposition, valuation and appraisal and capital advisory services to retail, wholesale, institutional, lenders, capital providers, private equity investors, and professional services firms in United States, Canada, and Europe. It also provides internet access and subscription services. The reportable operating segments of the company include Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer segment.

B. Riley Financial trades on the NASDAQ stock market under the symbol RILY.

As of April 19, 2024, RILY stock price climbed to $20.15 with 255,195 million shares trading.

RILY has a beta of 1.03, meaning it tends to be more sensitive to market movements. RILY has a correlation of 0.02 to the broad based SPY ETF.

RILY has a market cap of $616.02 million. This is considered a Small Cap stock.

In the last 3 years, RILY stock traded as high as $91.24 and as low as $14.46.

The top ETF exchange traded funds that RILY belongs to (by Net Assets): IJR, VTI, KBWD, IWM, SDIV.

RILY has underperformed the market in the last year with a price return of -23.8% while the SPY ETF gained +21.6%. RILY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.7% and -12.8%, respectively, while the SPY returned +4.6% and -3.2%, respectively.

RILY support price is $18.54 and resistance is $20.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RILY stock will trade within this expected range on the day.