B. Riley Financial Inc (NASDAQ:RILY) CEO Andrew Moore acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were purchased at an average price of $16.97 per share, with a total value of $169,700.00. Following the acquisition, the chief executive officer now owns 101,916 shares of the company’s stock, valued at approximately $1,729,514.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
NASDAQ:RILY traded up $0.37 on Friday, reaching $17.12. The stock had a trading volume of 147,304 shares, compared to its average volume of 88,471. The company has a debt-to-equity ratio of 5.68, a current ratio of 3.03 and a quick ratio of 3.03. The stock has a market cap of $450.32 million, a P/E ratio of 15.19 and a beta of 1.24. B. Riley Financial Inc has a 12-month low of $13.60 and a 12-month high of $23.70.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Tuesday, March 19th will be given a $0.08 dividend. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $0.32 dividend on an annualized basis and a yield of 1.87%.
Separately, BidaskClub cut shares of B. Riley Financial from a “sell” rating to a “strong sell” rating in a report on Wednesday, February 13th.
About B. Riley Financial
B. Riley Financial, Inc provides 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. It offers investment banking services, including merger and acquisitions, restructuring advisory, initial and secondary public offerings, and institutional private placements; and corporate finance, research, securities lending, wealth management, and sales and trading services to corporate, institutional, and high net worth clients.
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