B. Riley Financial (NASDAQ:RILY – Get Free Report) issued its earnings results on Friday. The asset manager reported ($4.97) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $199.31 million for the quarter. B. Riley Financial had a negative return on equity of 236.88% and a negative net margin of 48.04%.
B. Riley Financial Stock Up 10.4 %
Shares of RILY stock opened at $3.40 on Friday. The firm has a market capitalization of $103.70 million, a price-to-earnings ratio of -0.16 and a beta of 1.30. B. Riley Financial has a 12-month low of $2.73 and a 12-month high of $40.09. The firm has a fifty day moving average of $4.56 and a 200-day moving average of $5.43.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of B. Riley Financial to a “sell” rating in a research note on Tuesday, January 14th.
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.
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