RiceBran Technologies (NASDAQ:RIBT) Shares Cross Below 200 Day Moving Average of $0.21

RiceBran Technologies (NASDAQ:RIBTGet Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.21 and traded as low as $0.16. RiceBran Technologies shares last traded at $0.16, with a volume of 13,963 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on RiceBran Technologies in a research report on Wednesday, April 24th. They set a “sell” rating on the stock.

View Our Latest Analysis on RiceBran Technologies

RiceBran Technologies Price Performance

The firm has a market cap of $1.60 million, a price-to-earnings ratio of -0.07 and a beta of 0.47. The stock has a 50-day moving average of $0.17 and a 200-day moving average of $0.21.

About RiceBran Technologies

(Get Free Report)

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.

Further Reading

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