RiceBran Technologies (NASDAQ:RIBT) Stock Crosses Below 200-Day Moving Average of $0.22

Shares of RiceBran Technologies (NASDAQ:RIBTGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.22 and traded as low as $0.14. RiceBran Technologies shares last traded at $0.16, with a volume of 22,447 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of RiceBran Technologies in a research note on Wednesday. They set a “sell” rating on the stock.

Check Out Our Latest Analysis on RIBT

RiceBran Technologies Trading Down 13.9 %

The business has a 50 day moving average price of $0.17 and a 200-day moving average price of $0.22. The firm has a market capitalization of $1.55 million, a PE ratio of -0.06 and a beta of 0.47.

RiceBran Technologies Company Profile

(Get Free Report)

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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