RiceBran Technologies (NASDAQ:RIBT) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com began coverage on shares of RiceBran Technologies (NASDAQ:RIBT) in a research report issued to clients and investors on Wednesday. The brokerage set a “sell” rating on the stock.

RiceBran Technologies Stock Down 13.9 %

RIBT stock opened at $0.16 on Wednesday. RiceBran Technologies has a 52-week low of $0.07 and a 52-week high of $1.17. The stock’s 50 day moving average is $0.17 and its two-hundred day moving average is $0.22. The company has a market capitalization of $1.55 million, a PE ratio of -0.06 and a beta of 0.47.

About RiceBran Technologies

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.