B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report)’s stock price dropped 9.5% during trading on Friday . The stock traded as low as $7.75 and last traded at $7.89. Approximately 9,727 shares changed hands during trading, a decline of 62% from the average daily volume of 25,782 shares. The stock had previously closed at $8.72.
B. Riley Financial Stock Performance
The company has a 50 day simple moving average of $10.62 and a 200 day simple moving average of $15.50.
B. Riley Financial Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 22nd were paid a $0.4297 dividend. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 21.78%.
About B. Riley Financial
B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
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