StockNews.com assumed coverage on shares of RiceBran Technologies (NASDAQ:RIBT – Free Report) in a research report sent to investors on Friday morning. The firm issued a sell rating on the stock.
RiceBran Technologies Stock Performance
NASDAQ:RIBT opened at $0.12 on Friday. The stock’s fifty day moving average is $0.14 and its 200 day moving average is $0.16. RiceBran Technologies has a fifty-two week low of $0.07 and a fifty-two week high of $1.15.
RiceBran Technologies (NASDAQ:RIBT – Get Free Report) last announced its earnings results 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 firm had revenue of $2.12 million during the quarter.
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.
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