RiceBran Technologies (RIBT)

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Penny Stocks to Watch as June Comes to an End

https://marketwirenews.com/news-releases/penny-stocks-to-watch-as-june-comes-to-an-end-5990848676013045.html?t=186203

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RiceBran Technologies (NASDAQ: RIBT)
Another major gainer on June 30th is RIBT stock. At EOD, shares of RIBT had shot up by more than 29% and over 3% in after hours respectively. This sizable gain brings RIBT stock to over $0.69 which adds to its six month gain of over 75%.

So, why are shares of RIBT stock shooting up right now? The most recent news from the company came on June 15th. On June 15th, it announced that it would pursue UFA up cycled certification to help its commitment to sustainable practices. This is a big deal and one that investors are excited about right now.

“Upcycle certification is an important step for RiceBran to gain traction with impact-focused consumers, demonstrating that not only is our stabilized rice bran a healthy, hypoallergenic, non-GMO alternative, but an ingredient that materially reduces food waste. Without our proprietary processes, rice bran would be little more than animal feed, with a significant portion wasted.”

Peter Bradley, RiceBran’s Chairman
With this exciting news in mind, do you think that RIBT stock is worth adding to your list of penny stocks to buy this month?