RiceBran Technologies (NASDAQ:RIBT) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of RiceBran Technologies (NASDAQ:RIBT) in a research report report published on Wednesday. The firm issued a sell rating on the stock.

RiceBran Technologies Stock Performance

Shares of RIBT stock opened at $0.16 on Wednesday. RiceBran Technologies has a 1 year low of $0.07 and a 1 year high of $1.17. The firm’s 50 day moving average is $0.17 and its 200-day moving average is $0.22. The firm has a market capitalization of $1.55 million, a price-to-earnings ratio of -0.06 and a beta of 0.47.

About RiceBran Technologies

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.