RiceBran Technologies (NASDAQ:RIBT) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Shares of RiceBran Technologies (NASDAQ:RIBTGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.05 and traded as low as $0.00. RiceBran Technologies shares last traded at $0.00, with a volume of 427 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com began coverage on RiceBran Technologies in a research note on Thursday. They set a “sell” rating on the stock.

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RiceBran Technologies Stock Up 50.0 %

RiceBran Technologies Company Profile

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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.

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