RiceBran Technologies (NASDAQ:RIBT) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of RiceBran Technologies (NASDAQ:RIBT) in a research report report published on Tuesday morning. The firm issued a sell rating on the stock.

RiceBran Technologies Stock Performance

RIBT stock traded down $0.01 during mid-day trading on Tuesday, hitting $0.12. 5,012 shares of the company were exchanged, compared to its average volume of 16,191. The firm’s 50 day simple moving average is $0.12 and its 200 day simple moving average is $0.14. RiceBran Technologies has a 1-year low of $0.06 and a 1-year high of $0.90.

RiceBran Technologies (NASDAQ:RIBT) last announced its earnings results on Monday, May 13th. The company reported ($0.15) EPS for the quarter. The company had revenue of $2.12 million for 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.