Bion Environmental Technologies (OTCMKTS:BNET) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Bion Environmental Technologies, Inc. (OTCMKTS:BNET)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.20 and traded as low as $0.05. Bion Environmental Technologies shares last traded at $0.05, with a volume of 71,529 shares traded.

Bion Environmental Technologies Trading Down 15.2 %

The stock’s 50-day moving average price is $0.16 and its 200-day moving average price is $0.20. The stock has a market cap of $2.92 million, a price-to-earnings ratio of -0.23 and a beta of 0.15.

Bion Environmental Technologies (OTCMKTS:BNET) last released its earnings results on Friday, February 14th. The basic materials company reported ($0.01) earnings per share (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.