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 segment, and Consumer products segment.

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

As of October 17, 2024, RILY stock price climbed to $5.97 with 1,924,337 million shares trading.

RILY has a beta of -1.36, meaning it tends to be less sensitive to market movements. RILY has a correlation of 0.01 to the broad based SPY ETF.

RILY has a market cap of $180.86 million. This is considered a Micro Cap stock.

In the last 3 years, RILY traded as high as $91.24 and as low as $4.07.

The top ETF exchange traded funds that RILY belongs to (by Net Assets): VTI, IWM, VXF, IWO, PRFZ.

RILY has underperformed the market in the last year with a return of -81.0%, while the SPY ETF gained +35.2%. In the last 3 month period, RILY fell short of the market, returning -69.9%, while SPY returned +4.9%. However, in the most recent 2 weeks RILY has outperformed the stock market by returning +18.2%, while SPY returned +2.6%.

RILY support price is $5.01 and resistance is $5.87 (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 shares will trade within this expected range on the day.