Marrone Bio Innovations, Inc. (NASDAQ:MBII) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Marrone Bio Innovations, Inc. (NASDAQ:MBII) from a sell rating to a hold rating in a research report released on Wednesday.

According to Zacks, “Marrone Bio Innovations Inc. develops environmentally safe bio-based products. The Company specializes in the discovery, development, and marketing of natural products for weed, pest, water resource, and plant disease management. It offers crop protection products for conventional and organic crop production, including herbicides for weed control, fungicides for plant disease control, nematicides for parasitic roundworm control, insecticides for insect and mite killers and plant growth regulators that growers use to increase crop yields, enhance plant health, manage pest resistance, and reduce chemical residues. Marrone Bio Innovations Inc. is headquartered in Davis, California. “

MBII has been the subject of a number of other research reports. Jefferies Group LLC restated a hold rating and set a $2.50 target price on shares of Marrone Bio Innovations in a report on Tuesday, May 2nd. HC Wainwright reiterated a buy rating on shares of Marrone Bio Innovations in a report on Friday, May 12th.

Shares of Marrone Bio Innovations (MBII) opened at 1.14 on Wednesday. The stock has a 50 day moving average of $1.19 and a 200 day moving average of $1.81. The company’s market cap is $35.74 million. Marrone Bio Innovations has a 1-year low of $0.71 and a 1-year high of $2.79.

TRADEMARK VIOLATION WARNING: “Marrone Bio Innovations, Inc. (NASDAQ:MBII) Upgraded at Zacks Investment Research” was first reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this story on another site, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The legal version of this story can be viewed at

In related news, major shareholder Ardsley Advisory Partners purchased 50,000 shares of Marrone Bio Innovations stock in a transaction dated Tuesday, April 25th. The stock was purchased at an average cost of $1.72 per share, for a total transaction of $86,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 7.25% of the stock is owned by company insiders.

About Marrone Bio Innovations

Marrone Bio Innovations, Inc offers bio-based pest management and plant health products. The Company’s bio-based products include naturally occurring microorganisms, such as bacteria, fungi and plant extracts. It sells its products to crop protection market. Its four crop protection products include Regalia, Grandevo, Venerate and Majestene.

Get a free copy of the Zacks research report on Marrone Bio Innovations (MBII)

For more information about research offerings from Zacks Investment Research, visit

What are top analysts saying about Marrone Bio Innovations Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Marrone Bio Innovations Inc. and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit