RiceBran Technologies [RIBT] moved down -15.00: Why It’s Important

RiceBran Technologies [NASDAQ: RIBT] plunged by -$0.17 during the normal trading session on Friday and reaching a high of $1.15 during the day while it closed the day at $0.96. The company report on February 26, 2021 that RiceBran Technologies Reports Fourth Quarter and Full Year 2020 Results.

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First Phase of Turnaround Plan Completed with Further Improvement in 4Q20 Financial Results.

Expansion of Derivative Sales and Golden Ridge Improvements Key Contributors to 4Q20 Improvement.

RiceBran Technologies stock has also loss -19.96% of its value over the past 7 days. However, RIBT stock has inclined by 54.17% in the 3 months of the year. Over the past six months meanwhile, it has gained 80.89% and gained 57.46% year-on date.

The market cap for RIBT stock reached $47.37 million, with 43.69 million shares outstanding and 39.23 million shares in the current float. Compared to the average trading volume of 1.03M shares, RIBT reached a trading volume of 1283481 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about RiceBran Technologies [RIBT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RIBT shares is $1.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RIBT stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Lake Street have made an estimate for RiceBran Technologies shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 11, 2017. The new note on the price target was released on March 24, 2017, representing the official price target for RiceBran Technologies stock. Previously, the target price had yet another drop from $5 to $3, while Maxim Group kept a Buy rating on RIBT stock. On November 13, 2015, analysts decreased their price target for RIBT shares from 7 to 5.

The Average True Range (ATR) for RiceBran Technologies is set at 0.11, with the Price to Sales ratio for RIBT stock in the period of the last 12 months amounting to 1.88. The Price to Book ratio for the last quarter was 1.81, with the Price to Cash per share for the same quarter was set at 0.11.

RIBT stock trade performance evaluation

RiceBran Technologies [RIBT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.96. With this latest performance, RIBT shares gained by 8.53% in over the last four-week period, additionally plugging by 80.89% over the last 6 months – not to mention a drop of -21.91% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RIBT stock in for the last two-week period is set at 44.87, with the RSI for the last a single of trading hit 36.16, and the three-weeks RSI is set at 49.73 for RiceBran Technologies [RIBT]. The present Moving Average for the last 50 days of trading for this stock 0.8574, while it was recorded at 1.1101 for the last single week of trading, and 0.7284 for the last 200 days.

RiceBran Technologies [RIBT]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and RiceBran Technologies [RIBT] shares currently have an operating margin of -39.47 and a Gross Margin at -9.43. RiceBran Technologies’s Net Margin is presently recorded at -44.77.

Return on Total Capital for RIBT is now -30.06, given the latest momentum, and Return on Invested Capital for the company is -36.86. Return on Equity for this stock declined to -42.53, with Return on Assets sitting at -31.16. When it comes to the capital structure of this company, RiceBran Technologies [RIBT] has a Total Debt to Total Equity ratio set at 36.12. Additionally, RIBT Total Debt to Total Capital is recorded at 26.53, with Total Debt to Total Assets ending up at 24.31. Long-Term Debt to Equity for the company is recorded at 23.81, with the Long-Term Debt to Total Capital now at 17.41.

Reflecting on the efficiency of the workforce at the company, RiceBran Technologies [RIBT] managed to generate an average of -$118,485 per employee. Receivables Turnover for the company is 7.99 with a Total Asset Turnover recorded at a value of 0.70.RiceBran Technologies’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.90.

Earnings per share (EPS) analysis for RiceBran Technologies [RIBT] stock

With the latest financial reports released by the company, RiceBran Technologies posted -0.08/share EPS, while the average EPS was predicted by analysts to be reported at -0.07/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -14.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RIBT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for RiceBran Technologies go to 40.00%.

RiceBran Technologies [RIBT]: Insider Ownership positions

There are presently around $19 million, or 47.50% of RIBT stock, in the hands of institutional investors. The top three institutional holders of RIBT stocks are: CONTINENTAL GRAIN CO with ownership of 10,649,068, which is approximately 0% of the company’s market cap and around 0.60% of the total institutional ownership; ROUMELL ASSET MANAGEMENT, LLC, holding 3,897,398 shares of the stock with an approximate value of $3.75 million in RIBT stocks shares; and BLEICHROEDER LP, currently with $1.64 million in RIBT stock with ownership of nearly 0% of the company’s market capitalization.

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Positions in RiceBran Technologies stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 8 institutional holders increased their position in RiceBran Technologies [NASDAQ:RIBT] by around 2,822,187 shares. Additionally, 12 investors decreased positions by around 943,758 shares, while 13 investors held positions by with 16,160,386 shares. The mentioned changes placed institutional holdings at 19,926,331 shares, according to the latest SEC report filing. RIBT stock had 1 new institutional investments in for a total of 80,816 shares, while 6 institutional investors sold positions of 39,707 shares during the same period.

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