B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Shares Up 12.6% – Time to Buy?

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN)’s stock price shot up 12.6% during mid-day trading on Tuesday . The company traded as high as $13.74 and last traded at $13.54. 75,761 shares changed hands during mid-day trading, an increase of 28% from the average session volume of 59,289 shares. The stock had previously closed at $12.03.

B. Riley Financial, Inc. – 6.50 Stock Up 0.2 %

The business has a 50 day simple moving average of $12.80 and a 200-day simple moving average of $16.72.

B. Riley Financial, Inc. – 6.50 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a $0.4063 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $1.63 dividend on an annualized basis and a yield of 12.06%.

About B. Riley Financial, Inc. – 6.50

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.