Bion Environmental Technologies (OTCMKTS:BNET) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Bion Environmental Technologies, Inc. (OTCMKTS:BNET)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.23 and traded as low as $0.17. Bion Environmental Technologies shares last traded at $0.18, with a volume of 15,507 shares trading hands.

Bion Environmental Technologies Stock Up 8.3 %

The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02. The business’s 50 day moving average is $0.23 and its 200-day moving average is $0.29. The stock has a market cap of $10.30 million, a price-to-earnings ratio of -0.82 and a beta of -0.12.

Bion Environmental Technologies (OTCMKTS:BNET) last released its earnings results on Monday, September 30th. The basic materials company reported ($0.18) EPS for the quarter.

Bion Environmental Technologies Company Profile

Bion Environmental Technologies, Inc develops patented and proprietary technology that provides waste treatment and resource recovery solutions for concentrated animal feeding operations (CAFOs) in the United States and internationally. The company offers Gen3Tech, a third-generation technology and business/technology platform, which remediates environmental problems and improve operational/resource efficiencies through recovering co-products from the CAFOs’ waste stream, including renewable energy, fertilizer products, and clean water.