StockNews.com Initiates Coverage on RiceBran Technologies (NASDAQ:RIBT)

Research analysts at StockNews.com assumed coverage on shares of RiceBran Technologies (NASDAQ:RIBT) in a note issued to investors on Wednesday. The firm set a “sell” rating on the stock.

RiceBran Technologies Stock Performance

NASDAQ RIBT opened at $0.09 on Wednesday. RiceBran Technologies has a 12-month low of $0.06 and a 12-month high of $0.51. The company has a 50 day moving average price of $0.11 and a two-hundred day moving average price of $0.13.

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.