RiceBran Technologies (NASDAQ:RIBT)’s stock price traded up 10.9% on Friday . The company traded as high as $2.84 and last traded at $2.65, 113,019 shares traded hands 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 business’s 50-day moving average price is $2.82 and its two-hundred day moving average price is $3.09. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.22 and a quick ratio of 4.00.
RiceBran Technologies (NASDAQ:RIBT) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates 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%.
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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