StockNews.com began coverage on shares of RiceBran Technologies (NASDAQ:RIBT – Free Report) in a research report released on Wednesday. The brokerage issued a sell rating on the stock.
RiceBran Technologies Trading Up 22.2 %
RiceBran Technologies stock opened at $0.12 on Wednesday. The stock has a 50-day moving average price of $0.15 and a two-hundred day moving average price of $0.18. RiceBran Technologies has a 12 month low of $0.07 and a 12 month high of $1.17.
RiceBran Technologies (NASDAQ:RIBT – Get Free Report) last released its quarterly earnings data on Monday, May 13th. The company reported ($0.15) earnings per share (EPS) for the quarter. RiceBran Technologies had a negative net margin of 76.22% and a negative return on equity of 470.52%. The firm had revenue of $2.12 million during the quarter.
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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