News articles about RiceBran Technologies (NASDAQ:RIBT) have been trending positive this week, according to Alpha One. The research group, a service of Accern, identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RiceBran Technologies earned a media sentiment score of 0.43 on Alpha One’s scale. Alpha One also assigned news coverage about the company an impact score of 89 out of 100, meaning that recent press coverage is very likely to have an effect on the stock’s share price in the next several days.
Shares of RiceBran Technologies (NASDAQ:RIBT) opened at 0.86 on Friday. The stock’s market cap is $9.15 million. RiceBran Technologies has a 12 month low of $0.74 and a 12 month high of $2.19. The stock has a 50 day moving average price of $0.81 and a 200 day moving average price of $0.99.
Separately, Maxim Group downgraded RiceBran Technologies from a “buy” rating to a “hold” rating in a research report on Friday, March 24th.
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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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