Arcadia Biosciences (RKDA) Expected to Announce Earnings on Thursday

Arcadia Biosciences (NASDAQ:RKDA) is anticipated to issue its quarterly earnings data before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of ($0.50) per share and revenue of $1.15 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Arcadia Biosciences Trading Up 3.9 %

Shares of NASDAQ RKDA opened at $3.43 on Thursday. Arcadia Biosciences has a twelve month low of $1.85 and a twelve month high of $10.31. The stock has a 50 day moving average of $4.40 and a two-hundred day moving average of $4.10. The stock has a market cap of $4.68 million, a P/E ratio of -0.80 and a beta of 0.86.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Arcadia Biosciences in a report on Saturday, March 15th. They issued a “sell” rating on the stock.

About Arcadia Biosciences

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.