StockNews.com started coverage on shares of RiceBran Technologies (NASDAQ:RIBT – Free Report) in a research note released on Thursday morning. The brokerage issued a sell rating on the stock.
RiceBran Technologies Price Performance
Shares of NASDAQ RIBT opened at $0.16 on Thursday. RiceBran Technologies has a twelve month low of $0.07 and a twelve month high of $1.15. The firm has a fifty day simple moving average of $0.15 and a 200 day simple moving average of $0.17.
RiceBran Technologies (NASDAQ:RIBT – Get Free Report) last announced its quarterly earnings data on Monday, May 13th. The company reported ($0.15) earnings per share for the quarter. RiceBran Technologies had a negative net margin of 76.22% and a negative return on equity of 470.52%. The company had revenue of $2.12 million for the quarter.
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.
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