Arcadia Biosciences (NASDAQ:RKDA) Now Covered by StockNews.com

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

Arcadia Biosciences Trading Up 1.5 %

Shares of RKDA opened at $6.18 on Wednesday. The stock has a market cap of $8.44 million, a PE ratio of -1.44 and a beta of 1.19. Arcadia Biosciences has a 1 year low of $1.85 and a 1 year high of $10.31. The stock has a 50 day simple moving average of $4.30 and a 200-day simple moving average 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.