Arcadia Biosciences (RKDA) Scheduled to Post Quarterly Earnings on Wednesday
Arcadia Biosciences (NASDAQ:RKDA) is set to issue its quarterly earnings data after the market closes on Wednesday, March 27th. Analysts expect the company to announce earnings of ($0.76) per share for the quarter.
RKDA opened at $7.20 on Monday. The firm has a market cap of $34.38 million, a P/E ratio of -1.05 and a beta of -1.97. Arcadia Biosciences has a fifty-two week low of $2.64 and a fifty-two week high of $34.99.
RKDA has been the subject of several research analyst reports. HC Wainwright set a $20.00 target price on shares of Arcadia Biosciences and gave the company a “buy” rating in a research note on Thursday, December 13th. Zacks Investment Research cut shares of Arcadia Biosciences from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 13th.
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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.
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