Bion Environmental Technologies (OTCMKTS:BNET) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

Bion Environmental Technologies, Inc. (OTCMKTS:BNET) shares 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.

Bion Environmental Technologies Price Performance

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

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

About Bion Environmental Technologies

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.