RiceBran Technologies (RIBT) Scheduled to Post Quarterly Earnings on Thursday

RiceBran Technologies (NASDAQ:RIBTGet Rating) will be posting its quarterly earnings results after the market closes on Thursday, April 28th.

RiceBran Technologies (NASDAQ:RIBTGet Rating) last released its earnings results on Thursday, March 17th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $8.04 million during the quarter. RiceBran Technologies had a negative net margin of 28.75% and a negative return on equity of 24.43%.

Shares of NASDAQ:RIBT traded down $0.01 during trading on Thursday, reaching $0.53. The company had a trading volume of 404,485 shares, compared to its average volume of 1,209,792. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.44 and a quick ratio of 1.18. RiceBran Technologies has a fifty-two week low of $0.27 and a fifty-two week high of $1.83. The firm has a market capitalization of $27.25 million, a price-to-earnings ratio of -2.92 and a beta of 0.57. The stock’s fifty day moving average price is $0.43 and its 200 day moving average price is $0.43.

Separately, StockNews.com began coverage on RiceBran Technologies in a research report on Tuesday. They set a “sell” rating on the stock.

In other news, major shareholder Grain Co Continental sold 121,232 shares of the company’s stock in a transaction dated Friday, March 25th. The stock was sold at an average price of $0.54, for a total value of $65,465.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 1,092,893 shares of company stock valued at $534,863 in the last ninety days. Company insiders own 3.32% of the company’s stock.

An institutional investor recently raised its position in RiceBran Technologies stock. Two Sigma Advisers LP boosted its holdings in RiceBran Technologies (NASDAQ:RIBTGet Rating) by 55.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 213,700 shares of the company’s stock after acquiring an additional 76,300 shares during the quarter. Two Sigma Advisers LP owned 0.42% of RiceBran Technologies worth $126,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 34.82% of the company’s stock.

About RiceBran Technologies (Get Rating)

RiceBran Technologies, together with its subsidiaries, operates as a specialty ingredient company. It focuses on producing, processing, and marketing of value-added processing and marketing of healthy, natural, and nutrient dense products derived from rice and other small grains, and by-products created in the milling of these grains.

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Earnings History for RiceBran Technologies (NASDAQ:RIBT)

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