Shares of Bion Environmental Technologies Inc. (OTCMKTS:BNET – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.18 and traded as high as $0.18. Bion Environmental Technologies shares last traded at $0.18, with a volume of 2,500 shares changing hands.
Bion Environmental Technologies Stock Performance
The business’s fifty day simple moving average is $0.18 and its 200 day simple moving average is $0.22. The stock has a market cap of $9.65 million, a price-to-earnings ratio of -5.53 and a beta of 0.82.
Bion Environmental Technologies (OTCMKTS:BNET – Get Free Report) last posted its quarterly earnings results on Friday, May 15th. The basic materials company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.07).
Bion Environmental Technologies Company Profile
Bion Environmental Technologies, Inc is a U.S.‐based environmental technology company that develops and licenses proprietary systems to convert solid waste into energy and reusable materials. The company’s core offering revolves around its patented Bion-Structured Catalyst (BSC), a specialized catalytic process designed to break down a diverse range of feedstocks, including municipal solid waste, plastics, tires, rubber, and biomass. By integrating this technology into modular processing platforms, Bion provides a turnkey solution for organizations seeking to reduce landfill dependency and recover value from waste streams.
Utilizing an advanced thermochemical conversion process, Bion’s BSC technology transforms waste into clean synthesis gas (syngas), bio-oil and char.
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