RiceBran Technologies (NASDAQ:RIBT) Set to Announce Earnings on Thursday
RiceBran Technologies (NASDAQ:RIBT) will be posting its quarterly earnings results after the market closes on Thursday, August 10th. Analysts expect RiceBran Technologies to post earnings of ($0.14) per share for the quarter.
RiceBran Technologies (NASDAQ:RIBT) remained flat at $1.07 during trading on Tuesday. The stock had a trading volume of 7,148 shares. The stock’s market capitalization is $11.69 million. The stock’s 50 day moving average price is $0.97 and its 200-day moving average price is $0.89. RiceBran Technologies has a 12 month low of $0.69 and a 12 month high of $1.68.
Several research firms recently issued reports on RIBT. Maxim Group restated a “hold” rating on shares of RiceBran Technologies in a research report on Tuesday, July 18th. Lake Street Capital began coverage on shares of RiceBran Technologies in a research report on Wednesday, May 10th. They set a “buy” rating and a $2.00 price objective for the company.
RiceBran Technologies Company Profile
RiceBran Technologies is a human food ingredient, functional food ingredient, packaged functional food and animal nutrition company. The Company is focused on processing and marketing of nutrient dense products derived from raw rice, an underutilized by-product of the rice milling industry. The Company has two operating segments.
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