Analysts at StockNews.com started coverage on shares of RiceBran Technologies (NASDAQ:RIBT – Get Free Report) in a report issued on Saturday. The firm set a “sell” rating on the stock.
RiceBran Technologies Stock Performance
RIBT opened at $0.11 on Friday. RiceBran Technologies has a fifty-two week low of $0.07 and a fifty-two week high of $1.15. The firm has a 50-day moving average of $0.14 and a 200 day moving average of $0.16.
RiceBran Technologies (NASDAQ:RIBT – Get Free Report) last announced its quarterly earnings data on Monday, May 13th. The company reported ($0.15) EPS for the quarter. The company had revenue of $2.12 million during the quarter. RiceBran Technologies had a negative return on equity of 470.52% and a negative net margin of 76.22%.
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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