RiceBran Technologies (RIBT) Scheduled to Post Quarterly Earnings on Thursday
RiceBran Technologies (NASDAQ:RIBT) is set to post its quarterly earnings results after the market closes on Thursday, August 10th. Analysts expect RiceBran Technologies to post earnings of ($0.14) per share for the quarter.
RiceBran Technologies (NASDAQ RIBT) remained flat at $1.07 during trading on Tuesday. 7,148 shares of the company traded hands. The company has a 50-day moving average of $0.97 and a 200 day moving average of $0.89. RiceBran Technologies has a 52-week low of $0.69 and a 52-week high of $1.68. The firm’s market cap is $11.69 million.
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Several brokerages have recently commented on RIBT. Maxim Group reissued a “hold” rating on shares of RiceBran Technologies in a research note on Tuesday, July 18th. Lake Street Capital began coverage on RiceBran Technologies in a research note on Wednesday, May 10th. They set a “buy” rating and a $2.00 price target on the stock.
RiceBran Technologies Company Profile
RiceBran Technologies is a human food ingredient, functional food ingredient, packaged functional food and animal nutrition company. The Company is focused on processing and marketing of nutrient dense products derived from raw rice, an underutilized by-product of the rice milling industry. The Company has two operating segments.
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