Arcadia Biosciences (NASDAQ:RKDA) Coverage Initiated by Analysts at StockNews.com

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

Arcadia Biosciences Trading Down 1.2 %

Shares of Arcadia Biosciences stock opened at $5.01 on Friday. Arcadia Biosciences has a 1-year low of $1.85 and a 1-year high of $10.31. The company’s fifty day simple moving average is $4.80 and its 200-day simple moving average is $3.68.

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.