Bion Environmental Technologies (OTCMKTS:BNET) Issues Year-End Update and Outlook: Stocks Jumps 200% YTD

As the year winds down, it is possibly time for investors to take a look at some of the stocks which have performed strongly so far this year. One of those stocks is that of Bion Environmental Technologies (OTCMKTS:BNET).

Trading Data

On Monday, BNET  stock ended up by 0.80% to $1.28 with more than 2.51k shares, compared to its average volume of 7.24K shares. The stock has moved within a range of $1.2800 – 1.2800 after opening trade at $1.28.    

Key Details

The stock has emerged as one of the major gainers this year and managed to clock gains of as much as 200% during the period. The company is involved in the development of advanced livestock waste management technology and helps in mitigating environmental impact. Yesterday, the company was in focus once again after it provided a year end update and also informed about its outlook in 2022.

It may be a good idea for investors to take a look at some of the highlights of what Bion Environmental Technologies had to state in its update. The entirety of the update has been made available on the company’s website. The company’s director of communications, Craig Scott, stated that Bion has continued to gather momentum in its business and went on to state that it was pleasing to see that the company’s efforts have been recognised by Wall Street as well.

He went on to state that the company is going to continue to demonstrate its value as a business to investors in the future.

Technical Data

BNET stock is below the 20-Day and 50-Day Moving averages of $1.37 and $1.45 respectively. Moreover, the stock is trading below the 200-Day moving average of $1.52.