Bion Environmental Technologies (OTCMKTS:BNET) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Shares of Bion Environmental Technologies Inc. (OTCMKTS:BNET) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $0.19 and traded as low as $0.1868. Bion Environmental Technologies shares last traded at $0.27, with a volume of 104,580 shares traded.

Bion Environmental Technologies Trading Up 50.0%

The business has a 50-day moving average price of $0.17 and a 200-day moving average price of $0.19. The stock has a market cap of $15.69 million, a PE ratio of -6.75 and a beta of 0.79.

Bion Environmental Technologies (OTCMKTS:BNET) last announced its earnings results on Tuesday, September 29th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.05).

Bion Environmental Technologies Company Profile

Bion Environmental Technologies, Inc (OTCMKTS:BNET) develops environmental technologies for the livestock industry, with a focus on treating and managing waste from concentrated animal feeding operations. Its systems are designed to reduce the environmental impacts associated with livestock production while supporting the recovery of useful resources from animal waste.

The company’s technology platform is intended to capture and process nutrients, including nitrogen and phosphorus, and reduce ammonia emissions, odors, pathogens and other pollutants.