Bion Environmental Technologies (OTCMKTS:BNET) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Shares of Bion Environmental Technologies, Inc. (OTCMKTS:BNET) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.46 and traded as low as $0.30. Bion Environmental Technologies shares last traded at $0.30, with a volume of 4,560 shares changing hands.

Bion Environmental Technologies Stock Up 22.2 %

The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.50. The stock’s 50-day simple moving average is $0.22 and its 200 day simple moving average is $0.46. The firm has a market cap of $17.16 million, a P/E ratio of -6.00 and a beta of -0.09.

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