B. Riley Financial (NASDAQ:RILYL) Trading 2.9% Higher – Time to Buy?

B. Riley Financial, Inc. (NASDAQ:RILYLGet Free Report) shares traded up 2.9% during trading on Wednesday . The company traded as high as $7.26 and last traded at $7.00. 10,306 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 15,796 shares. The stock had previously closed at $6.80.

B. Riley Financial Stock Performance

The stock has a 50-day simple moving average of $8.15 and a two-hundred day simple moving average of $12.83.

B. Riley Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, October 28th were given a $0.4609 dividend. The ex-dividend date was Monday, October 28th. This represents a $1.84 dividend on an annualized basis and a yield of 26.72%.

About B. Riley Financial

(Get Free Report)

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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