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

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

Arcadia Biosciences Stock Up 7.8 %

RKDA stock opened at $5.00 on Friday. The business has a 50 day moving average of $4.68 and a 200-day moving average of $3.60. The firm has a market cap of $6.83 million, a PE ratio of -1.17 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.