RiceBran Technologies (NASDAQ:RIBT) Shares Cross Below Two Hundred Day Moving Average of $0.22

Shares of RiceBran Technologies (NASDAQ:RIBT) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.22 and traded as low as $0.14. RiceBran Technologies shares last traded at $0.16, with a volume of 22,447 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on RiceBran Technologies in a report on Wednesday. They issued a “sell” rating on the stock.

RiceBran Technologies Trading Down 13.9 %

The firm’s fifty day moving average is $0.17 and its 200 day moving average is $0.22. The company has a market cap of $1.55 million, a PE ratio of -0.06 and a beta of 0.47.

RiceBran Technologies Company Profile

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.