RiceBran Technologies (NASDAQ:RIBT) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $2.59. RiceBran Technologies shares last traded at $2.59, with a volume of 118 shares changing hands.

The business’s 50-day moving average price is $2.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.00 and a current ratio of 4.22.

RiceBran Technologies (NASDAQ:RIBT) last posted its quarterly earnings results on Thursday, May 9th. The company reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.03). The company had revenue of $6.36 million for the quarter. RiceBran Technologies had a negative net margin of 53.57% and a negative return on equity of 38.80%.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its position in RiceBran Technologies by 33.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 160,555 shares of the company’s stock worth $482,000 after purchasing an additional 40,215 shares during the period. Continental Grain Co. boosted its position in RiceBran Technologies by 11.9% during the first quarter. Continental Grain Co. now owns 6,279,702 shares of the company’s stock worth $23,361,000 after purchasing an additional 666,667 shares during the period. Wedbush Securities Inc. bought a new position in RiceBran Technologies during the first quarter worth about $372,000. Creative Planning bought a new position in RiceBran Technologies during the first quarter worth about $41,000. Finally, Deutsche Bank AG boosted its position in RiceBran Technologies by 393.1% during the fourth quarter. Deutsche Bank AG now owns 35,500 shares of the company’s stock worth $106,000 after purchasing an additional 28,300 shares during the period. Institutional investors own 29.86% of the company’s stock.

About RiceBran Technologies (NASDAQ:RIBT)

RiceBran Technologies processes and markets healthy, natural, and nutrient dense products derived from raw rice bran. The company manufactures and distributes stabilized rice bran (SRB) in various granulations with other products and derivatives. It offers RiBalance, a rice bran nutritional package derived from further processing of SRB; RiSolubles, a nutritious carbohydrate and lipid rich fraction of RiBalance; RiFiber, a protein and fiber rich derivative of RiBalance; and protein and protein/fiber blends under the ProRyza brand.

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