RiceBran Technologies (NASDAQ:RIBT) went down by -6.96% from its latest closing price compared to the recent 1-year high of $1.83. The company’s stock price has collected 16.68% of gains in the last five trading sessions. Press Release reported on 04/28/21 that RiceBran Technologies Reports First Quarter 2021 Results
Is It Worth Investing in RiceBran Technologies (NASDAQ :RIBT) Right Now?
Plus, the 36-month beta value for RIBT is at 0.41. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for RiceBran Technologies declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $1.50, which is $0.43 above the current price. RIBT currently public float of 39.23M and currently shorts hold a 0.24% ratio of that float. Today, the average trading volume of RIBT was 4.38M shares.
RIBT’s Market Performance
RIBT stocks went up by 16.68% for the week, with a monthly jump of 8.08% and a quarterly performance of 20.22%, while its annual performance rate touched -17.05%. The volatility ratio for the week stands at 23.88% while the volatility levels for the past 30 days are set at 11.59% for RiceBran Technologies. The simple moving average for the period of the last 20 days is 12.71% for RIBT stocks with a simple moving average of 46.37% for the last 200 days.
Analysts’ Opinion of RIBT
Many brokerage firms have already submitted their reports for RIBT stocks, with Lake Street repeating the rating for RIBT by listing it as a “Buy.” The predicted price for RIBT in the upcoming period, according to Lake Street is $2 based on the research report published on May 11th of the previous year 2017.
Maxim Group gave a rating of “Buy” to RIBT, setting the target price at $3 in the report published on March 03rd of the previous year.
RIBT Trading at 6.44% from the 50-Day Moving Average
After a stumble in the market that brought RIBT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.53% of loss for the given period.
Volatility was left at 11.59%, however, over the last 30 days, the volatility rate increased by 23.88%, as shares surge +7.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.55% lower at present.
During the last 5 trading sessions, RIBT rose by +16.68%, which changed the moving average for the period of 200-days by +38.94% in comparison to the 20-day moving average, which settled at $0.9530. In addition, RiceBran Technologies saw 75.41% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at RIBT starting from Gendason Ari David, who purchase 5,000 shares at the price of $1.02 back on Mar 23. After this action, Gendason Ari David now owns 154,637 shares of RiceBran Technologies, valued at $5,095 using the latest closing price.
Gendason Ari David, the Director of RiceBran Technologies, purchase 1,460 shares at $0.77 during a trade that took place back on Mar 05, which means that Gendason Ari David is holding 149,637 shares at $1,124 based on the most recent closing price.
Stock Fundamentals for RIBT
Current profitability levels for the company are sitting at:
- -39.47 for the present operating margin
- -9.43 for the gross margin
The net margin for RiceBran Technologies stands at -44.77. The total capital return value is set at -30.06, while invested capital returns managed to touch -36.86.
Based on RiceBran Technologies (RIBT), the company’s capital structure generated 36.12 points at debt to equity in total, while total debt to capital is 26.53. Total debt to assets is 24.31, with long-term debt to equity ratio resting at 23.81. Finally, the long-term debt to capital ratio is 17.41.
When we switch over and look at the enterprise to sales, we see a ratio of 1.08, with the company’s debt to enterprise value settled at 0.30. The receivables turnover for the company is 7.99 and the total asset turnover is 0.70. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.95.