Arcadia Biosciences (NASDAQ:RKDA) Earns Sell Rating from Analysts at StockNews.com

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

Arcadia Biosciences Price Performance

Shares of RKDA stock opened at $5.00 on Monday. The company’s fifty day moving average price is $5.20 and its two-hundred day moving average price is $3.84. The firm has a market capitalization of $6.80 million, a P/E ratio of -1.17 and a beta of 0.88. Arcadia Biosciences has a 12 month low of $1.85 and a 12 month high of $10.31.

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.