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

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

Arcadia Biosciences Stock Up 7.8 %

RKDA opened at $5.00 on Friday. Arcadia Biosciences has a 52 week low of $1.85 and a 52 week high of $10.31. The business has a 50 day moving average price of $4.70 and a two-hundred day moving average price of $3.61. The company has a market cap of $6.83 million, a PE ratio of -1.17 and a beta of 0.90.

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.