RiceBran Technologies (NASDAQ:RIBT) Coverage Initiated at StockNews.com

StockNews.com began coverage on shares of RiceBran Technologies (NASDAQ:RIBT) in a research note released on Wednesday morning. The brokerage issued a sell rating on the stock.

RiceBran Technologies Stock Up 6.7 %

Shares of RIBT stock opened at $0.16 on Wednesday. The business has a 50-day moving average price of $0.17 and a two-hundred day moving average price of $0.22. RiceBran Technologies has a 12-month low of $0.07 and a 12-month high of $1.17. The firm has a market cap of $1.60 million, a P/E ratio of -0.07 and a beta of 0.47.

About RiceBran Technologies

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.