RiceBran Technologies (RIBT) Reached 52-Week High at $2.12 on Jun, 29

June 29, 2018 - By Sarah Holford

RiceBran Technologies (NASDAQ:RIBT) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 1.29. That’s change of 0.31, from 2017Q4’s 1.6. 2 investors sold all, 5 reduced holdings as RiceBran Technologies ratio fall. 6 rose holdings while 3 funds amassed holdings. Funds hold 937,360 shares thus 38.72% more from 2017Q4’s 675,712 shares.
Morgan Stanley reported 166 shs. Tortoise Invest Mgmt Ltd Llc reported 0% in RiceBran Technologies (NASDAQ:RIBT). Fincl Bank Of America De holds 667 shs or 0% of its capital. Lpl Financial Ltd Liability Company stated it has 0% of its capital in RiceBran Technologies (NASDAQ:RIBT). Renaissance Ltd Co holds 0% or 230,200 shs in its capital. 11,765 were reported by Goldman Sachs Gp Inc. Blackrock holds 0% or 13,690 shs in its capital. Pnc Fincl Incorporated holds 90 shs. Virtu Ltd Llc, a New York-based fund reported 46,255 shs. Vanguard reported 63,700 shs stake. Acadian Asset Limited Liability Corporation reported 0% of its capital in RiceBran Technologies (NASDAQ:RIBT). Royal Financial Bank Of Canada invested in 0% or 7 shs. Fincl Architects Inc holds 0% or 140 shs in its capital. Perkins Cap Mngmt reported 0.26% of its capital in RiceBran Technologies (NASDAQ:RIBT). Cannell Peter B & invested in 0% or 42,408 shs.

RiceBran Technologies registered $2.34 million net activity with 9 insider purchases and 0 sales since March 20, 2018. 1.10M shs valued at $1.65 million were bought by CONTINENTAL GRAIN CO on Wednesday, March 21. $3,993 worth of stock was bought by Smith Robert D on Thursday, March 22. Rystrom Brent Robert had bought 5,873 shs worth $8,281. On Tuesday, March 20 2,500 shs were bought by Dykes Dennis, worth $3,513. $4,230 worth of RiceBran Technologies (NASDAQ:RIBT) was bought by Goose Michael on Tuesday, March 20.

RiceBran Technologies (NASDAQ:RIBT) broke into yearly high touching $2.12. Our price target is $2.23. The yearly high was announced on Jun, 29 by Barchart.com. The company has $44.07 million MC. At $2.23 stock price target, the company valuation changes by $2.20 million more.

Ticker’s shares touched $2.12 during the last trading session after 4.43% change.RiceBran Technologies is uptrending after having risen 84.88% since June 29, 2017. RIBT has 274,792 volume or 87.06% up from normal. RIBT outperformed by 72.31% the S&P500.

There’s a significant RiceBran Technologies (NASDAQ:RIBT) news posted by Streetinsider.com. It’s a report titled: “RiceBran Technologies (RIBT) CEO Robert Smith to Step Down; Brent Rystrom to Succeed” on June 26, 2018.

RiceBran Technologies processes and markets healthy, natural, and nutrient dense products derived from raw rice bran.The firm is worth $44.07 million. The firm makes and distributes stabilized rice bran in various granulations with other products and derivatives.Currently it has negative earnings. It also extracts crude rice bran oil and defatted rice bran from rice bran, which are processed into refined rice bran oil, as well as compounded animal nutrition products for horses, cows, swine, sheep, and poultry; and various food and animal nutrition products derivatives and co-products.

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