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

StockNews.com started coverage on shares of RiceBran Technologies (NASDAQ:RIBTFree Report) in a research report released on Thursday. The brokerage issued a sell rating on the stock.

RiceBran Technologies Trading Up 16.6 %

NASDAQ RIBT opened at $0.21 on Thursday. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.41 and a quick ratio of 0.36. The stock has a market capitalization of $2.00 million, a price-to-earnings ratio of -0.09 and a beta of 0.46. RiceBran Technologies has a one year low of $0.07 and a one year high of $1.27. The business’s fifty day moving average is $0.16 and its 200-day moving average is $0.30.

RiceBran Technologies (NASDAQ:RIBTGet Free Report) last issued its quarterly earnings results on Wednesday, December 20th. The company reported ($0.26) EPS for the quarter. RiceBran Technologies had a negative net margin of 51.01% and a negative return on equity of 122.53%. The firm had revenue of $4.86 million for the quarter.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. UBS Group AG boosted its stake in shares of RiceBran Technologies by 1,828.1% in the 2nd quarter. UBS Group AG now owns 38,561 shares of the company’s stock valued at $26,000 after purchasing an additional 36,561 shares in the last quarter. Virtu Financial LLC bought a new position in shares of RiceBran Technologies during the fourth quarter valued at about $32,000. LPL Financial LLC purchased a new position in shares of RiceBran Technologies in the fourth quarter worth about $43,000. Jane Street Group LLC lifted its stake in shares of RiceBran Technologies by 112.9% in the 2nd quarter. Jane Street Group LLC now owns 69,811 shares of the company’s stock valued at $47,000 after acquiring an additional 37,014 shares during the last quarter. Finally, State Street Corp purchased a new stake in RiceBran Technologies during the 1st quarter valued at about $69,000. Institutional investors own 3.52% of the company’s stock.

About RiceBran Technologies

(Get Free Report)

RiceBran Technologies, together with its subsidiaries, operates as a specialty ingredient company in the United States and internationally. It focuses on development, production, and marketing of products derived from rice and other small and ancient grains for the nutraceutical, healthy food, companion animal, and equine feed categories.

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