Bion Environmental Technologies (OTCMKTS:BNET) Announces Quarterly Earnings Results

Bion Environmental Technologies (OTCMKTS:BNET) issued its earnings results on Friday. The basic materials company reported ($0.01) EPS for the quarter, Zacks reports.

Bion Environmental Technologies Stock Performance

Shares of BNET traded down $0.03 during mid-day trading on Friday, reaching $0.16. The company had a trading volume of 300 shares, compared to its average volume of 27,570. The company has a market capitalization of $9.41 million, a price-to-earnings ratio of -4.05 and a beta of 0.90. The company’s 50 day simple moving average is $0.19 and its 200 day simple moving average is $0.21. Bion Environmental Technologies has a 1-year low of $0.08 and a 1-year high of $0.38.

Bion Environmental Technologies Company Profile

Bion Environmental Technologies, Inc. develops and commercializes environmental technologies for the livestock and agricultural industries. Its core focus is the treatment and conversion of animal waste generated by concentrated animal feeding operations and other large-scale livestock facilities. The company’s proprietary systems are designed to manage manure and wastewater while reducing odors, ammonia emissions, pathogens, and greenhouse-gas emissions. The technology is also intended to recover useful resources, including renewable natural gas, concentrated fertilizer products, and other nutrients, helping support more sustainable livestock production.