Bion Environmental Technologies (OTCMKTS:BNET) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Bion Environmental Technologies Inc. (OTCMKTS:BNET) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.22 and traded as low as $0.17. Bion Environmental Technologies shares last traded at $0.17, with a volume of 6,632 shares traded.

Bion Environmental Technologies Price Performance

The company has a market capitalization of $9.88 million, a P/E ratio of -5.67 and a beta of 0.84. The company has a fifty day moving average price of $0.18 and a 200 day moving average price of $0.22.

Bion Environmental Technologies (OTCMKTS:BNET) last announced its quarterly earnings results on Friday, May 15th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate 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.