No headlines found.
Business Wire (Thu, 25-Apr 8:02 AM ET)
Business Wire (Thu, 28-Mar 4:05 PM ET)
Business Wire (Thu, 14-Mar 8:02 AM ET)
Arcadia Biosciences (RKDA) Expands GoodWheat Mac & Cheese with Nationwide Availability
Business Wire (Tue, 20-Feb 8:02 AM ET)
Arcadia Biosciences Inc is a producer and marketer of plant-based food and beverage products. It is engaged in science-based approaches to developing high-value crop improvements in wheat, soy, and hemp, designed to enhance farm economics by improving the performance of crops in the field, as well as their value as food ingredients, health, and wellness products, and their viability for industrial applications. The company's consumer brands in the food, beverage, and body care categories include GoodWheat high-fiber pasta, Zola coconut water and others.
Arcadia Biosciences trades on the NASDAQ stock market under the symbol RKDA.
As of April 25, 2024, RKDA stock price declined to $2.00 with 584 million shares trading.
RKDA has a beta of -0.36, meaning it tends to be less sensitive to market movements. RKDA has a correlation of 0.00 to the broad based SPY ETF.
RKDA has a market cap of $2.22 million. This is considered a Sub-Micro Cap stock.
Last quarter Arcadia Biosciences reported $1 million in Revenue and -$2.10 earnings per share. This fell short of revenue expectation by $-580,000 and exceeded earnings estimates by $.48.
In the last 3 years, RKDA stock traded as high as $130.00 and as low as $1.85.
The top ETF exchange traded funds that RKDA belongs to (by Net Assets): VXF.
RKDA has underperformed the market in the last year with a return of -68.3%, while the SPY ETF gained +23.1%. In the last 3 month period, RKDA fell short of the market, returning -20.0%, while SPY returned +3.6%. However, in the most recent 2 weeks RKDA has outperformed the stock market by returning -1.5%, while SPY returned -2.5%.
RKDA support price is $1.96 and resistance is $2.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RKDA stock will trade within this expected range on the day.