RiceBran Technologies RIBT stock price is down 4% in the last 5 days & volume is up 179%, but is it over for this breakout stock?
In this in depth report, I look at 5 KPIs: Technical Analysis, Volume, News Cycle, Fundamentals & awareness campaigns.
Before we get started, I like being methodical and easy to understand so I have developed a ranking system for my stocks. I call it, Alexander Goldman’s “HOT Stock Ranking!”
The official heat level for RIBT is, a 🔥1 out of 4
Before I get ahead of myself and just jump right into this exciting breakout stock, I wanted to introduce myself.
Hello 🙋♂️ My name is Alexander Goldman. I have been trading small cap stocks, breakout stocks and trending stocks for 20 years now. I established the coveted HOT Stock Reporting system.
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RiceBran Technologies Company Information
Company Name: RiceBran Technologies Inc
RiceBran Technologies Company Summary:
RiceBran Technologies is a specialty ingredient company, which engages in the production of healthy, natural, and nutrient dense products from rice, stabilized ricebran, oats, and barley. It offers organic, conventional, and grain products. The company was founded on March 18, 1998 and is headquartered in Tomball, TX.
RIBT stock price is due to News?
June 1, 2022
Announced the initiation of a capacity expansion of the Company’s Core-SRB facility in Mermentau, Louisiana. The expansion is expected to increase capacity of the facility’s SRB stabilizing capabilities, enabling RiceBran to meet growing demand for North American-sourced ingredients for the companion animal market.
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Trending Stock RIBT 5 Day Chart
RIBT Stock Price HOT Stock Grade:
RIBT is, a 🔥1 out of 4 . Here are my takeaways on it and why it is just a 1 out of 4.
RIBT Trading Volume
The volume, the normal trading volume is established by the previous 30 days of trading and this stock is trading at an increase of 179% over the average. Normally, this indicates a higher demand in the stock or a sell off (selling pressure).
Trading 101: volume is measured in the number of shares traded. Traders look to volume to determine liquidity and combine changes in volume with technical indicators to make trading decisions. So, let’s take a look at the technical indicators.
The technical analysis “chart reading”, this stock is down 4% on the 5 day chart and the overall trend for the long term chart, the 1 month, is up 50%. This stock was up big earlier and now it has retraced and looks to be consolidating.
Trading 101: Technical indicators are technical tools that help in analyzing the movement in the stock prices whether the ongoing trend is going to continue or reverse. It helps the traders to make entry and exit decisions of a particular stock. Technical indicators can be leading or lagging indicators.
RIBT News Cycle
The news, there is significant news, solid growth financially is great news and The expansion is expected to increase capacity of the facility’s SRB stabilizing capabilities, enabling RiceBran to meet growing demand for North American-sourced ingredients for the companion animal market.
The fundamentals, how a company is doing financially can be a serious KPI and there is exciting financial filings associated with this stock. It doesn’t get much better than 5 years of growth.
Trading 101: Fundamental trading is a method where a trader focuses on company-specific events to determine which stock to buy and when to buy it. Trading on fundamentals is more closely associated with a buy-and-hold strategy rather than short-term trading.
Marketing efforts “Awareness Campaigns” Just like advertising a product is important, advertising a publicly traded company during a news cycle is critical for the stock price of a company.
I have not found marketing efforts around the investor awareness of this company. That is normal for a company that has a stockholder base as large as RIBT. So, I have awarded this stock a 3 out of 4. Do you agree? Write me a line at [email protected]
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