Bion Environmental Technologies (OTCMKTS:BNET) Share Price Passes Below Two Hundred Day Moving Average of $0.83

Bion Environmental Technologies, Inc. (OTCMKTS:BNET) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.83 and traded as low as $0.35. Bion Environmental Technologies shares last traded at $0.40, with a volume of 41,817 shares.

Bion Environmental Technologies Stock Down 5.8 %

The company has a debt-to-equity ratio of 0.50, a current ratio of 0.04 and a quick ratio of 0.04. The firm’s 50-day simple moving average is $0.50 and its two-hundred day simple moving average is $0.83. The company has a market capitalization of $22.89 million, a price-to-earnings ratio of -8.00 and a beta of -0.05.

Bion Environmental Technologies (OTCMKTS:BNET) last announced its quarterly earnings results on Wednesday, May 15th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter.

About Bion Environmental Technologies

Bion Environmental Technologies, Inc develops patented and proprietary technology that provides waste treatment and resource recovery solutions for concentrated animal feeding operations (CAFOs) in the United States and internationally. The company offers Gen3Tech, a third-generation technology and business/technology platform, which remediates environmental problems and improve operational/resource efficiencies through recovering co-products from the CAFOs' waste stream, including renewable energy, fertilizer products, and clean water.