RiceBran Technologies (NASDAQ:RIBT) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of RiceBran Technologies (NASDAQ:RIBTGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.02 and traded as low as $0.00. RiceBran Technologies shares last traded at $0.00, with a volume of 2,603 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of RiceBran Technologies in a research report on Thursday. They set a “sell” rating on the stock.

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RiceBran Technologies Stock Performance

About RiceBran Technologies

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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.

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