B. Riley Financial Inc (NASDAQ:RILY)’s share price was up 6.1% during trading on Thursday . The company traded as high as $25.77 and last traded at $25.73, approximately 161,631 shares changed hands during trading. An increase of 58% from the average daily volume of 102,239 shares. The stock had previously closed at $24.25.

Separately, BidaskClub raised B. Riley Financial from a “hold” rating to a “buy” rating in a research report on Saturday.

The firm has a market capitalization of $658.92 million, a price-to-earnings ratio of 12.43 and a beta of 0.83. The company has a quick ratio of 4.69, a current ratio of 4.69 and a debt-to-equity ratio of 6.30. The stock has a 50-day moving average price of $21.99 and a 200 day moving average price of $21.38.

B. Riley Financial (NASDAQ:RILY) last announced its quarterly earnings data on Monday, May 11th. The asset manager reported ($3.29) EPS for the quarter. The company had revenue of ($0.21) million for the quarter. B. Riley Financial had a return on equity of 19.56% and a net margin of 12.52%.

In other B. Riley Financial news, CEO Bryant R. Riley purchased 1,835 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was purchased at an average cost of $18.25 per share, with a total value of $33,488.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders purchased 51,146 shares of company stock valued at $1,087,456 over the last ninety days. 26.20% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Great West Life Assurance Co. Can acquired a new position in B. Riley Financial in the fourth quarter valued at approximately $29,000. Meeder Asset Management Inc. boosted its holdings in shares of B. Riley Financial by 147.9% in the first quarter. Meeder Asset Management Inc. now owns 1,567 shares of the asset manager’s stock valued at $29,000 after acquiring an additional 935 shares during the period. Equitec Specialists LLC acquired a new stake in shares of B. Riley Financial in the second quarter valued at approximately $128,000. Citigroup Inc. boosted its holdings in shares of B. Riley Financial by 43.4% in the first quarter. Citigroup Inc. now owns 5,961 shares of the asset manager’s stock valued at $110,000 after acquiring an additional 1,803 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its holdings in shares of B. Riley Financial by 26.2% in the first quarter. BNP Paribas Arbitrage SA now owns 6,363 shares of the asset manager’s stock valued at $117,000 after acquiring an additional 1,320 shares during the period. 44.48% of the stock is owned by hedge funds and other institutional investors.

About B. Riley Financial (NASDAQ:RILY)

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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