Bion Environmental Technologies (OTCMKTS:BNET) Announces Earnings Results

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

Bion Environmental Technologies Trading Down 14.1%

Shares of BNET traded down $0.03 during midday trading on Friday, hitting $0.16. The stock had a trading volume of 300 shares, compared to its average volume of 23,937. Bion Environmental Technologies has a fifty-two week low of $0.08 and a fifty-two week high of $0.38. The business has a 50-day simple moving average of $0.19 and a two-hundred day simple moving average of $0.21. The firm has a market cap of $9.42 million, a P/E ratio of -4.05 and a beta of 0.90.

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.