Arcadia Biosciences (NASDAQ:RKDA) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Arcadia Biosciences (NASDAQ:RKDA) in a report published on Wednesday. The firm issued a sell rating on the basic materials company’s stock.

Arcadia Biosciences Stock Down 0.7 %

Shares of RKDA opened at $6.11 on Wednesday. The business has a 50-day simple moving average of $4.40 and a two-hundred day simple moving average of $3.43. Arcadia Biosciences has a 12-month low of $1.85 and a 12-month high of $10.31. The stock has a market cap of $8.34 million, a PE ratio of -1.43 and a beta of 1.18.

Arcadia Biosciences Company Profile

Arcadia Biosciences, Inc produces and markets plant-based food and beverage products in the United States. The company develops crop improvements primarily in wheat to enhance farm economics by improving the performance of crops in the field, as well as their value as food ingredients. Its food, beverage, and body case products include GoodWheat, Zola coconut water, ProVault topical pain relief, and SoulSpring.