Arcadia Biosciences (NASDAQ:RKDA – Get Rating) will issue its quarterly earnings data after the market closes on Thursday, August 11th. Analysts expect the company to announce earnings of ($0.31) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Arcadia Biosciences (NASDAQ:RKDA – Get Rating) last posted its earnings results on Thursday, May 12th. The basic materials company reported ($0.21) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.10. The firm had revenue of $3.22 million for the quarter, compared to the consensus estimate of $1.80 million. Arcadia Biosciences had a negative net margin of 231.20% and a negative return on equity of 77.17%.
Arcadia Biosciences Price Performance
Arcadia Biosciences stock opened at $0.84 on Thursday. The company has a market capitalization of $18.67 million, a price-to-earnings ratio of -0.88 and a beta of -0.06. Arcadia Biosciences has a one year low of $0.74 and a one year high of $2.67. The company’s fifty day moving average price is $1.06 and its two-hundred day moving average price is $1.14.
Institutional Investors Weigh In On Arcadia Biosciences
Analysts Set New Price Targets
Several research firms have commented on RKDA. HC Wainwright lowered their target price on shares of Arcadia Biosciences from $6.00 to $4.00 in a research report on Monday, April 25th. StockNews.com raised shares of Arcadia Biosciences to a “sell” rating in a research report on Tuesday, May 24th.
About Arcadia Biosciences
Arcadia Biosciences, Inc produces and markets plant-based health and wellness products in the United States. It engages in developing 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, health and wellness products, and their viability for industrial applications.
- Get a free copy of the StockNews.com research report on Arcadia Biosciences (RKDA)
- Is it Time to Tap Molson Coors or Will Beer Sales Turn Flat?
- There Are Different Types of Stock To Invest In
- PayPal Continues To Struggle As Competition Increases
- Two High-Yield Deep-Values You Shouldn’t Ignore
- Is Starbucks Shooting For The Moon?
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.