StockNews.com assumed coverage on shares of RiceBran Technologies (NASDAQ:RIBT – Free Report) in a report released on Monday. The brokerage issued a sell rating on the stock.
RiceBran Technologies Price Performance
RIBT stock opened at $0.15 on Monday. RiceBran Technologies has a 12-month low of $0.07 and a 12-month high of $1.17. The stock’s 50 day simple moving average is $0.17 and its 200 day simple moving average is $0.18.
RiceBran Technologies (NASDAQ:RIBT – Get Free Report) last released its quarterly earnings data on Monday, May 13th. The company reported ($0.15) earnings per share (EPS) for the quarter. The business had revenue of $2.12 million during the quarter. RiceBran Technologies had a negative net margin of 76.22% and a negative return on equity of 470.52%.
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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