RiceBran Technologies (NASDAQ:RIBT) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

RiceBran Technologies (NASDAQ:RIBTGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.00 and traded as high as $0.0002. RiceBran Technologies shares last traded at $0.0001, with a volume of 4,897 shares.

RiceBran Technologies Stock Down 50.0%

The firm has a market cap of $1,000.40, a price-to-earnings ratio of 0.00 and a beta of -0.40.

About RiceBran Technologies

(Get Free Report)

RiceBran Technologies, Inc is a specialty ingredient company focused on the stabilization and processing of rice bran to preserve its natural nutrients. Utilizing a proprietary stabilization process, the company prevents lipid oxidation in rice bran, unlocking its full potential as a source of dietary fiber, protein and antioxidants. By transforming a by-product of rice milling into a shelf-stable ingredient, RiceBran Technologies aims to provide value-added solutions for food formulators and nutraceutical manufacturers.

The company’s product portfolio includes stabilized rice bran fractions that can be used in functional foods, dietary supplements and animal feed.

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