RiceBran Technologies (NASDAQ:RIBT) Stock Passes Below 200 Day Moving Average of $0.00
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%.
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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