Arcadia Biosciences (NASDAQ:RKDA) Coverage Initiated at StockNews.com

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

Arcadia Biosciences Trading Up 1.5 %

RKDA opened at $6.18 on Wednesday. Arcadia Biosciences has a 1-year low of $1.85 and a 1-year high of $10.31. The stock has a market capitalization of $8.44 million, a PE ratio of -1.44 and a beta of 1.19. The firm has a 50-day moving average price of $4.30 and a two-hundred day moving average price of $3.39.

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.