Ricebran Technologies (RIBT) Files Form 4 Insider Buying : W. John Short Buys 10,000 Shares

Ricebran Technologies (RIBT): W. John Short , CEO of Ricebran Technologies purchased 10,000 shares on May 23, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.48 per share for a total value of $14,778.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 24, 2015, W. John Short (CEO) purchased 5,000 shares at $2.01 per share price.On Sep 8, 2015, David Goldman (director) purchased 4,000 shares at $2.46 per share price.

Shares of RiceBran Technologies (RIBT) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -1.33% at $1.48 with 9,899 shares getting traded. Post opening the session at $1.55, the shares hit an intraday low of $1.48 and an intraday high of $1.56 and the price vacillated in this range throughout the day. The company has a market cap of $15,534 M and the number of outstanding shares has been calculated to be 10,49,60,00,000 shares. The 52-week high of RiceBran Technologies is $3.61 and the 52-week low is $1.069.

RiceBran Technologies Money Flow Index Chart

Company has been under the radar of several Street Analysts.RiceBran Technologies is Reiterated by Maxim Group to Buy while Lowering the Price Target of the company shares to $ 3 from a previous price target of $5 . The Rating was issued on Mar 3, 2016.

RiceBran Technologies is a human food ingredient functional food ingredient packaged functional food and animal nutrition company. The Company is focused on processing and marketing of healthy natural and nutrient dense products derived from raw rice an underutilized by-product of the rice milling industry. The Company has two operating segments: USA and Brazil. The Company’s USA segment manufactures and distributes stabilized rice bran (SRB) (for human food ingredient and animal nutrition customers) and derivative products. The Company’s Brazil segment extracts crude rice bran oil (RBO) and defatted rice bran (DRB) from rice bran which are then further processed into fully refined rice bran oil for sale internationally and in Brazil compounded animal nutrition products for horses cows swine sheep and poultry and a number of human food and animal nutrition products derivatives and co-products.

Leave a Reply

RiceBran Technologies - Is it time to Sell?

Top Brokerage Firms are advising their investors on RiceBran Technologies. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.