News coverage about RiceBran Technologies (NASDAQ:RIBT) has trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. RiceBran Technologies earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave news articles about the company an impact score of 44.8226597569332 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of RiceBran Technologies (NASDAQ:RIBT) remained flat at $$1.54 during midday trading on Thursday. The company had a trading volume of 15,400 shares, compared to its average volume of 39,186. RiceBran Technologies has a 1 year low of $0.69 and a 1 year high of $1.58. The stock has a market cap of $25.66, a P/E ratio of -1.75 and a beta of 0.90.
Several equities research analysts recently commented on the stock. Maxim Group reissued a “hold” rating on shares of RiceBran Technologies in a research note on Friday, November 10th. ValuEngine raised shares of RiceBran Technologies from a “strong sell” rating to a “sell” rating in a research note on Friday, September 15th.
In other RiceBran Technologies news, CFO Brent Robert Rystrom bought 17,300 shares of RiceBran Technologies stock in a transaction on Monday, December 11th. The stock was acquired at an average cost of $1.46 per share, with a total value of $25,258.00. Following the completion of the acquisition, the chief financial officer now owns 74,745 shares in the company, valued at $109,127.70. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have bought 70,155 shares of company stock valued at $98,729 over the last three months. 11.56% of the stock is owned by corporate insiders.
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About RiceBran Technologies
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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