Shares of Arcadia Biosciences, Inc. (NASDAQ:RKDA – Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $4.68 and traded as high as $5.87. Arcadia Biosciences shares last traded at $4.64, with a volume of 33,603 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on shares of Arcadia Biosciences in a research report on Friday. They issued a “sell” rating on the stock.
Read Our Latest Stock Analysis on RKDA
Arcadia Biosciences Stock Performance
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.
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