RiceBran Technologies (NASDAQ:RIBT) Earns Sell Rating from Analysts at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of RiceBran Technologies (NASDAQ:RIBT – Get Rating) in a research note issued to investors on Tuesday. The firm set a “sell” rating on the stock.

RiceBran Technologies Stock Performance

Shares of RIBT stock opened at $1.03 on Tuesday. The company has a market cap of $6.47 million, a price-to-earnings ratio of -0.47 and a beta of 0.26. RiceBran Technologies has a 52 week low of $0.65 and a 52 week high of $9.00. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 0.05. The firm has a 50 day moving average of $0.97 and a 200-day moving average of $1.86.

RiceBran Technologies (NASDAQ:RIBT – Get Rating) last announced its quarterly earnings data on Thursday, November 3rd. The company reported ($0.38) EPS for the quarter. The company had revenue of $10.25 million for the quarter. RiceBran Technologies had a negative return on equity of 50.85% and a negative net margin of 29.67%.

Institutional Trading of RiceBran Technologies

Large investors have recently modified their holdings of the stock. UBS Group AG grew its position in shares of RiceBran Technologies by 1,828.1% during the 2nd quarter. UBS Group AG now owns 38,561 shares of the company’s stock worth $26,000 after buying an additional 36,561 shares during the period. Jane Street Group LLC grew its position in shares of RiceBran Technologies by 112.9% during the 2nd quarter. Jane Street Group LLC now owns 69,811 shares of the company’s stock worth $47,000 after buying an additional 37,014 shares during the period. State Street Corp acquired a new stake in RiceBran Technologies in the 1st quarter valued at $69,000. Finally, Renaissance Technologies LLC grew its position in RiceBran Technologies by 54.2% in the 2nd quarter. Renaissance Technologies LLC now owns 528,064 shares of the company’s stock valued at $354,000 after purchasing an additional 185,700 shares during the period. Institutional investors and hedge funds own 6.00% of the company’s stock.

RiceBran Technologies Company Profile

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RiceBran Technologies is a specialty ingredient company, which engages in the production of healthy, natural, and nutrient dense products from rice, stabilized ricebran, oats, and barley. It offers organic, conventional, and grain products. The company was founded on March 18, 1998 and is headquartered in Tomball, TX.