B. Riley Financial (NASDAQ:RILY) Stock Rating Upgraded by StockNews.com

B. Riley Financial (NASDAQ:RILY) was upgraded by analysts at StockNews.com to a “sell” rating in a research report issued to clients and investors on Saturday.

B. Riley Financial Price Performance

Shares of RILY stock opened at $5.30 on Friday. The firm has a fifty day moving average of $9.40 and a two-hundred day moving average of $18.49. The firm has a market cap of $160.56 million, a P/E ratio of -1.06 and a beta of 1.29. B. Riley Financial has a 1-year low of $4.51 and a 1-year high of $43.41. The company has a debt-to-equity ratio of 13.99, a current ratio of 4.88 and a quick ratio of 4.88.

Institutional Trading of B. Riley Financial

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Ariadne Wealth Management LP bought a new position in B. Riley Financial during the 2nd quarter worth approximately $103,000. Ensign Peak Advisors Inc acquired a new stake in shares of B. Riley Financial during the 2nd quarter valued at approximately $190,000. Bayesian Capital Management LP bought a new position in B. Riley Financial during the first quarter worth $245,000. Russell Investments Group Ltd. acquired a new position in B. Riley Financial in the first quarter worth $254,000. Finally, Intech Investment Management LLC acquired a new stake in shares of B. Riley Financial during the second quarter worth $254,000. 50.20% of the stock is owned by institutional investors.

B. Riley Financial Company Profile

B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.