RiceBran Technologies (NASDAQ:RIBT) CFO Todd T. Mitchell acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The shares were acquired at an average cost of $2.68 per share, with a total value of $13,400.00. Following the purchase, the chief financial officer now directly owns 1,980 shares of the company’s stock, valued at approximately $5,306.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
NASDAQ:RIBT opened at $2.72 on Thursday. RiceBran Technologies has a 52-week low of $2.16 and a 52-week high of $3.87. The stock has a fifty day moving average of $2.80 and a 200 day moving average of $3.08. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.20 and a quick ratio of 2.01.
RiceBran Technologies (NASDAQ:RIBT) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.04). The business had revenue of $6.22 million for the quarter. RiceBran Technologies had a negative net margin of 52.99% and a negative return on equity of 39.12%.
About RiceBran Technologies
RiceBran Technologies processes and markets healthy, natural, and nutrient dense products derived from raw rice bran. The company manufactures and distributes stabilized rice bran (SRB) in various granulations with other products and derivatives. It offers RiBalance, a rice bran nutritional package derived from further processing of SRB; RiSolubles, a nutritious carbohydrate and lipid rich fraction of RiBalance; RiFiber, a protein and fiber rich derivative of RiBalance; and protein and protein/fiber blends under the ProRyza brand.
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