Exclusive: Marrone Bio Innovations Inc Has Another Very Weak Trading Session

Exclusive: Marrone Bio Innovations Inc Has Another Very Weak Trading Session

The stock of Marrone Bio Innovations Inc (NASDAQ:MBII) is a huge mover today! About 167,494 shares traded hands or 80.52% up from the average. Marrone Bio Innovations Inc (NASDAQ:MBII) has risen 197.62% since April 14, 2016 and is uptrending. It has outperformed by 192.93% the S&P500.
The move comes after 8 months negative chart setup for the $56.65M company. It was reported on Nov, 16 by Barchart.com. We have $1.94 PT which if reached, will make NASDAQ:MBII worth $7.93 million less.

According to Zacks Investment Research, “Marrone Bio Innovations Inc. develops environmentally safe bio-based products. The Company specializes in the discovery, development, and marketing of natural products for weed, pest, water resource, and plant disease management. It offers crop protection products for conventional and organic crop production, including herbicides for weed control, fungicides for plant disease control, nematicides for parasitic roundworm control, insecticides for insect and mite killers and plant growth regulators that growers use to increase crop yields, enhance plant health, manage pest resistance, and reduce chemical residues. Marrone Bio Innovations Inc. is headquartered in Davis, California.”

Insitutional Activity: The institutional sentiment increased to 0.88 in Q2 2016. Its up 0.48, from 0.4 in 2016Q1. The ratio improved, as 3 funds sold all Marrone Bio Innovations Inc shares owned while 5 reduced positions. 5 funds bought stakes while 2 increased positions. They now own 10.00 million shares or 0.16% more from 9.98 million shares in 2016Q1.
Evanson Asset Mgmt Limited owns 26,000 shares or 0.01% of their US portfolio. Millennium Ltd Liability Com holds 68,242 shares or 0% of its portfolio. Bridgeway Capital Mngmt Inc owns 181,200 shares or 0% of their US portfolio. Morgan Stanley, a New York-based fund reported 480 shares. Kcg has invested 0% of its portfolio in Marrone Bio Innovations Inc (NASDAQ:MBII). Financial Architects owns 1,500 shares or 0% of their US portfolio. Waddell And Reed holds 0.01% or 4.77 million shares in its portfolio. Northern Trust has 0% invested in the company for 21,816 shares. Vanguard Grp Inc holds 0% or 406,840 shares in its portfolio. Geode Management Limited Liability Company accumulated 74,484 shares or 0% of the stock. Comml Bank Of America Corp De holds 1,711 shares or 0% of its portfolio. Moreover, Retail Bank Of Mellon Corp has 0% invested in Marrone Bio Innovations Inc (NASDAQ:MBII) for 10,709 shares. Wells Fargo Communication Mn reported 200 shares or 0% of all its holdings. Primecap Mgmt Ca owns 3.06 million shares or 0% of their US portfolio. Ladenburg Thalmann Fincl Inc holds 0% of its portfolio in Marrone Bio Innovations Inc (NASDAQ:MBII) for 2,850 shares.

More notable recent Marrone Bio Innovations Inc (NASDAQ:MBII) news were published by: Businesswire.com which released: “Marrone Bio Innovations Receives California Approval for MAJESTENE® Bionematicide” on November 16, 2016, also Marketwatch.com with their article: “Marrone Bio Innovations Inc.” published on September 17, 2013, Businesswire.com published: “Marrone Bio Innovations Reports Third Quarter 2016 Results” on November 14, 2016. More interesting news about Marrone Bio Innovations Inc (NASDAQ:MBII) were released by: Bizjournals.com and their article: “Marrone Bio’s loss narrows as sales rise 50 percent” published on August 09, 2016 as well as Bizjournals.com‘s news article titled: “Feds arrest former executive at Marrone Bio Innovations for securities fraud” with publication date: February 17, 2016.

MBII Company Profile

Marrone Bio Innovations, Inc., incorporated on June 15, 2006, offers bio pest management and plant health products. The Company’s bio products include naturally occurring microorganisms, such as bacteria, fungi and plant extracts. It sells its products to crop protection market. The Company’s four crop protection product lines include Regalia, Grandevo, Zequanox, Venerate and Majestene. The Company’s products are used in both conventional and organic crop production, and are sold to growers of specialty crops, such as grapes, citrus, tomatoes, vegetables, nuts, leafy greens and ornamental plants. It also offers Regalia for large-acre row crops, such as corn and soybeans.

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