Arcadia Biosciences Inc (NASDAQ:RKDA)’s stock price shot up 5.6% during mid-day trading on Thursday . The company traded as high as $3.36 and last traded at $3.21, 165,036 shares traded hands during trading. A decline of 66% from the average session volume of 489,240 shares. The stock had previously closed at $3.04.
A number of research firms recently issued reports on RKDA. National Securities reiterated a “buy” rating and set a $35.00 price objective on shares of Calyxt in a report on Thursday, May 9th. HC Wainwright increased their price objective on La Jolla Pharmaceutical from $25.00 to $27.00 and gave the stock a “positive” rating in a report on Thursday, June 6th.
The company has a debt-to-equity ratio of 2.80, a current ratio of 6.26 and a quick ratio of 6.19. The stock has a market cap of $15.36 million, a price-to-earnings ratio of -0.60 and a beta of -1.99. The firm has a fifty day moving average price of $4.09.
About Arcadia Biosciences (NASDAQ:RKDA)
Arcadia Biosciences, Inc, an agricultural food ingredient company, develops and commercializes health and nutrition ingredient traits worldwide. The company offers a suite of agricultural productivity traits, including nitrogen use efficiency, water use efficiency and drought tolerance, salinity tolerance, and herbicide tolerance traits.
Receive News & Ratings for Arcadia Biosciences Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arcadia Biosciences and related companies with MarketBeat.com's FREE daily email newsletter.