Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. B. Riley Financial Inc shares valued at $419,481 were sold by B. Riley Financial, Inc. on Aug 26 ’24. At $12.84 per share, B. Riley Financial, Inc. sold 32,678 shares. The insider’s holdings dropped to 994,034 shares worth approximately $4.77 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, B. Riley Financial, Inc. sold 13,525 shares, netting a total of over 173,407 in proceeds. Following the sale of shares at $12.82 each, the insider now holds 980,509 shares.
Before that, B. Riley Financial, Inc. had sold 9,819 shares from its account. In a trade valued at $125,874, the 10% Owner traded B. Riley Financial Inc shares for $12.82 each. Upon closing the transaction, the insider’s holdings decreased to 9,819 shares, worth approximately $4.93 million.
Analyzing RILY Stock Performance
During the last five days, there has been a drop of approximately -9.77%. Over the course of the year, B. Riley Financial Inc shares have dropped approximately -77.13%. Shares of the company reached a 52-week high of $40.09 on 04/26/24 and a 52-week low of $4.07 on 10/09/24. A 50-day SMA is recorded $5.44, while a 200-day SMA reached $16.33. Nevertheless, trading volume fell to 1.2 million shares from 0.75 million shares the previous day.
Support And Resistance Levels for B. Riley Financial Inc (RILY)
According to the 24-hour chart, there is a support level at 4.66, which, if violated, would cause prices to drop to 4.52. In the upper region, resistance lies at 4.95. The next price resistance is at 5.10. RSI (Relative Strength Index) is 40.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.51, which suggests the price will decrease in the coming days. Percent R is at 89.37%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
