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 Sunday morning. The firm issued a sell rating on the basic materials company’s stock.

Arcadia Biosciences Trading Up 0.4 %

RKDA stock opened at $5.11 on Friday. The firm’s 50-day moving average price is $5.01 and its two-hundred day moving average price is $3.78. The stock has a market capitalization of $6.95 million, a price-to-earnings ratio of -1.19 and a beta of 0.90. Arcadia Biosciences has a 12-month low of $1.85 and a 12-month high of $10.31.

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.