RiceBran Technologies (NASDAQ:RIBT) traded up 10.9% during trading on Friday . The company traded as high as $2.84 and last traded at $2.65, 113,019 shares were traded during mid-day trading. An increase of 53% from the average session volume of 74,003 shares. The stock had previously closed at $2.39.
The company has a quick ratio of 4.00, a current ratio of 4.22 and a debt-to-equity ratio of 0.09. The business’s 50 day simple moving average is $2.82 and its 200 day simple moving average is $3.09.
RiceBran Technologies (NASDAQ:RIBT) last issued its earnings results on Tuesday, August 13th. The company reported ($0.11) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.04). The firm had revenue of $6.22 million during the quarter. RiceBran Technologies had a negative net margin of 52.99% and a negative return on equity of 40.99%.
RiceBran Technologies Company Profile (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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