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

Stock analysts at StockNews.com assumed coverage on shares of RiceBran Technologies (NASDAQ:RIBT) in a report released on Wednesday. The firm set a “sell” rating on the stock.

RiceBran Technologies Price Performance

Shares of RIBT opened at $0.15 on Wednesday. The stock’s 50-day moving average is $0.17 and its two-hundred day moving average is $0.22. The stock has a market cap of $1.50 million, a PE ratio of -0.06 and a beta of 0.47. RiceBran Technologies has a 12 month low of $0.07 and a 12 month high of $1.17.

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.