RiceBran Technologies (NASDAQ:RIBT) went down by -6.64% from its latest closing price compared to the recent 1-year high of $1.83. The company’s stock price has collected -28.35% of loss in the last five trading sessions. Press Release reported on 09/09/21 that RiceBran Technologies Announces $3 Million Registered Direct Offering
Is It Worth Investing in RiceBran Technologies (NASDAQ :RIBT) Right Now?
Plus, the 36-month beta value for RIBT is at 0.37. 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. RIBT currently public float of 42.50M and currently shorts hold a 0.89% ratio of that float. Today, the average trading volume of RIBT was 242.03K shares.
RIBT’s Market Performance
RIBT stocks went down by -28.35% for the week, with a monthly drop of -35.36% and a quarterly performance of -46.90%, while its annual performance rate touched 36.93%. The volatility ratio for the week stands at 9.66% while the volatility levels for the past 30 days are set at 7.19% for RiceBran Technologies. The simple moving average for the period of the last 20 days is -26.11% for RIBT stocks with a simple moving average of -35.20% 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 -35.08% 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 -67.50% of loss for the given period.
Volatility was left at 7.19%, however, over the last 30 days, the volatility rate increased by 9.66%, as shares sank -32.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -44.94% lower at present.
During the last 5 trading sessions, RIBT fell by -28.35%, which changed the moving average for the period of 200-days by -4.54% in comparison to the 20-day moving average, which settled at $0.7904. In addition, RiceBran Technologies saw -2.51% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at RIBT starting from Rosenthal Brent David, who purchase 11,779 shares at the price of $0.92 back on May 06. After this action, Rosenthal Brent David now owns 415,669 shares of RiceBran Technologies, valued at $10,837 using the latest closing price.
Gendason Ari David, the Director of RiceBran Technologies, purchase 5,000 shares at $0.96 during a trade that took place back on May 05, which means that Gendason Ari David is holding 159,637 shares at $4,800 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. Equity return is now at value -26.00, with -17.80 for asset returns.
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.