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

StockNews.com started coverage on shares of Arcadia Biosciences (NASDAQ:RKDA) in a research report report published on Tuesday morning. The brokerage issued a sell rating on the basic materials company’s stock.

Arcadia Biosciences Trading Up 0.4 %

Shares of RKDA opened at $4.82 on Tuesday. Arcadia Biosciences has a twelve month low of $1.85 and a twelve month high of $10.31. The company has a market cap of $6.56 million, a P/E ratio of -1.13 and a beta of 0.88. The company’s fifty day simple moving average is $5.45 and its 200-day simple moving average is $3.92.

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.