Shares of B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) dropped 0.7% during mid-day trading on Wednesday . The stock traded as low as $13.61 and last traded at $13.61. 6,016 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 21,640 shares. The stock had previously closed at $13.70.
B. Riley Financial Price Performance
The business’s 50-day simple moving average is $15.51 and its 200 day simple moving average is $12.37.
About B. Riley Financial
B. Riley Financial is a diversified financial services holding company headquartered in Los Angeles, California. The firm offers a broad suite of services designed to support corporate, institutional and private clients across the full spectrum of capital markets and advisory needs. Its core business activities encompass investment banking, asset management, valuation and appraisal services, turnaround and restructuring advisory, liquidation and auction services, and various financing solutions.
Since its founding in 1997 by Chairman and Chief Executive Officer Bryant Riley, B.
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