Bion Environmental Technologies (OTCMKTS:BNET) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Bion Environmental Technologies Inc. (OTCMKTS:BNET)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.18 and traded as high as $0.1825. Bion Environmental Technologies shares last traded at $0.1825, with a volume of 130 shares traded.

Bion Environmental Technologies Price Performance

The company has a fifty day simple moving average of $0.18 and a two-hundred day simple moving average of $0.18. The company has a market capitalization of $10.59 million, a P/E ratio of -6.08 and a beta of 1.23.

Bion Environmental Technologies (OTCMKTS:BNET) last released its quarterly earnings results on Friday, November 14th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.02).

Bion Environmental Technologies Company Profile

Bion Environmental Technologies, Inc is a U.S.‐based environmental technology company that develops and licenses proprietary systems to convert solid waste into energy and reusable materials. The company’s core offering revolves around its patented Bion-Structured Catalyst (BSC), a specialized catalytic process designed to break down a diverse range of feedstocks, including municipal solid waste, plastics, tires, rubber, and biomass. By integrating this technology into modular processing platforms, Bion provides a turnkey solution for organizations seeking to reduce landfill dependency and recover value from waste streams.

Utilizing an advanced thermochemical conversion process, Bion’s BSC technology transforms waste into clean synthesis gas (syngas), bio-oil and char.