B. Riley Financial (NASDAQ:RILYP) Stock Falls 0.5% – Here’s Why

B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report)’s share price fell 0.5% during mid-day trading on Thursday. The company traded as low as $9.18 and last traded at $9.20. Approximately 7,397 shares traded hands during trading, a decline of 59% from the average daily volume of 18,057 shares. The stock had previously closed at $9.25.

B. Riley Financial Trading Up 1.1%

The firm’s 50-day moving average price is $12.22 and its 200 day moving average price is $13.40.

About B. Riley Financial

(Get Free Report)

B. Riley Financial, Inc is a diversified financial services holding company that has historically provided investment banking, institutional brokerage, wealth management, asset valuation, and corporate financial advisory services. The company has served public and private businesses, institutional investors, financial institutions, and high-net-worth individuals.

Its business activities have included capital raising and merger advisory services, securities research and trading, investment management, and wealth planning.

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