Bion Environmental Technologies (OTCMKTS:BNET) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Bion Environmental Technologies Inc. (OTCMKTS:BNET)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.22 and traded as low as $0.1605. Bion Environmental Technologies shares last traded at $0.1605, with a volume of 2,886 shares traded.

Bion Environmental Technologies Trading Down 10.8%

The stock has a market capitalization of $9.33 million, a price-to-earnings ratio of -5.35 and a beta of 0.81. The stock’s 50 day moving average is $0.21 and its 200 day moving average is $0.22.

Bion Environmental Technologies (OTCMKTS:BNET) last announced its earnings results on Friday, May 15th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.07).

About Bion Environmental Technologies

Bion Environmental Technologies, Inc is a U.S.‐based environmental technology company that develops and licenses proprietary systems to convert solid waste into energy and reusable materials. The company’s core offering revolves around its patented Bion-Structured Catalyst (BSC), a specialized catalytic process designed to break down a diverse range of feedstocks, including municipal solid waste, plastics, tires, rubber, and biomass. By integrating this technology into modular processing platforms, Bion provides a turnkey solution for organizations seeking to reduce landfill dependency and recover value from waste streams.

Utilizing an advanced thermochemical conversion process, Bion’s BSC technology transforms waste into clean synthesis gas (syngas), bio-oil and char.