Bion Environmental Technologies (OTCMKTS:BNET) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Bion Environmental Technologies, Inc. (OTCMKTS:BNET)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.41 and traded as low as $0.24. Bion Environmental Technologies shares last traded at $0.24, with a volume of 510 shares.

Bion Environmental Technologies Stock Down 5.5 %

The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $13.76 million, a P/E ratio of -4.81 and a beta of -0.09. The stock has a 50 day moving average price of $0.23 and a 200 day moving average price of $0.41.

Bion Environmental Technologies (OTCMKTS:BNET) last posted its earnings results on Monday, September 30th. The basic materials company reported ($0.18) EPS for the quarter.

Bion Environmental Technologies Company Profile

Bion Environmental Technologies, Inc develops patented and proprietary technology that provides waste treatment and resource recovery solutions for concentrated animal feeding operations (CAFOs) in the United States and internationally. The company offers Gen3Tech, a third-generation technology and business/technology platform, which remediates environmental problems and improve operational/resource efficiencies through recovering co-products from the CAFOs’ waste stream, including renewable energy, fertilizer products, and clean water.