Bion Environmental Technologies (OTCMKTS:BNET) Shares Pass Below 200 Day Moving Average – Here’s Why

by · The Cerbat Gem

Bion Environmental Technologies, Inc. (OTCMKTS:BNET – Get Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.19 and traded as low as $0.05. Bion Environmental Technologies shares last traded at $0.07, with a volume of 125,784 shares traded.

Bion Environmental Technologies Stock Performance

The firm has a market capitalization of $2.81 million, a PE ratio of -0.22 and a beta of 0.15. The firm’s 50 day moving average price is $0.13 and its 200-day moving average price is $0.19.

Bion Environmental Technologies (OTCMKTS:BNET – Get Free Report) last posted its quarterly earnings results on Friday, February 14th. The basic materials company reported ($0.01) earnings per share for the quarter.

Bion Environmental Technologies Company Profile

(Get Free Report)

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.

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