StockNews.com started coverage on shares of RiceBran Technologies (NASDAQ:RIBT – Free Report) in a report released on Tuesday. The brokerage issued a sell rating on the stock.
RiceBran Technologies Stock Performance
RIBT stock traded down $0.01 during trading hours on Tuesday, hitting $0.12. The company’s stock had a trading volume of 5,012 shares, compared to its average volume of 16,191. RiceBran Technologies has a 12 month low of $0.06 and a 12 month high of $0.90. The stock has a 50 day moving average price of $0.12 and a two-hundred day moving average price of $0.14.
RiceBran Technologies (NASDAQ:RIBT – Get Free Report) last posted its earnings results on Monday, May 13th. The company reported ($0.15) EPS for the quarter. The business had revenue of $2.12 million during the quarter. RiceBran Technologies had a negative return on equity of 470.52% and a negative net margin of 76.22%.
RiceBran Technologies Company Profile
RiceBran Technologies, together with its subsidiaries, operates as a specialty ingredient company in the United States and internationally. The company focuses on development, production, and marketing of products derived from traditional and ancient small grains. It also produces products utilizing proprietary processes to deliver improved nutrition, ease of use, and extended shelf-life, while addressing consumer demand for all natural, non-GMO, and organic products.
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