Bion Environmental Technologies (OTCMKTS:BNET) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Shares of Bion Environmental Technologies Inc. (OTCMKTS:BNET) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.18 and traded as high as $0.1825. Bion Environmental Technologies shares last traded at $0.1825, with a volume of 130 shares traded.

Bion Environmental Technologies Stock Performance

The company has a market cap of $10.59 million, a price-to-earnings ratio of -6.08 and a beta of 1.23. The stock’s fifty day simple moving average is $0.18 and its two-hundred day simple moving average is $0.18.

Bion Environmental Technologies (OTCMKTS:BNET) last released its quarterly earnings data on Friday, November 14th. The basic materials company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02).

About Bion Environmental Technologies

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.