Shares of B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) were down 6.5% during mid-day trading on Monday. The company traded as low as $7.00 and last traded at $7.25. Approximately 10,764 shares were traded during trading, a decline of 38% from the average session volume of 17,474 shares. The stock had previously closed at $7.75.
B. Riley Financial Price Performance
The company has a 50-day moving average price of $10.29 and a 200-day moving average price of $12.14.
About B. Riley Financial
B. Riley Financial is a diversified financial services company that serves businesses, institutional clients and individuals. Its services include investment banking, institutional brokerage, equity research and wealth management.
The company also provides financial consulting, restructuring, valuation and asset disposition services. Through its operating businesses, it conducts auctions and liquidations and offers services related to brand licensing and business advisory work.
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