Arcadia Biosciences (RKDA) is tanking, but will it recover soon?

12:42 am ET, 30 Jul 2018

Arcadia Biosciences, Inc. (RKDA) shares are trading at 6.86, down -3%. What's driving RKDA stock price and what news should investors be paying attention to?  What's RKDA stock price forecast? 

Arkadia is an agricultural food ingredient company that partnered with Shriram Bioseed, a research and hybrid seed development company, to develop Extended Shelf Life (ESL) tomatoes.  The two companies recently announced a key milestone in developing ESL tomatoes. 

Bioseed has field tested Arcadia’s ESL technology in multiple tomato hybrid backgrounds, locations and seasons.  Arcadia’s ESL tomato technology is especially valuable in developing countries where post-harvest handling and logistics present a challenge.  

Genome-editing biotech companies such as Arcadia Biosciences (RKDA), Editas Medicine (EDIT), CRISPR Therapeutics (CRSP), and Intellia Therapeutics (NTLA), have been super popular among investors in the past couple of years. The genome-editing techniques in agriculture can be thought of as supercharged relatives to earlier selective breeding methods used to produce more desirable plants. In particular, genome-editing is being used to generate reduced gluten content, drive resistance to high temperatures and improve yields, drought tolerance, and nitrogen usage. 

Now, let's look at the price sentiment for the RKDA stock.   Our technical analysis shows that:

  • The stock short-term sentiment (next 30 days) is positive;
  • The mid-term sentiment (3-6 months) is trending negative;
  • The long-term sentiment (9-12 months) is negative.

Over the last month, Arcadia Biosciences, Inc. (RKDA) returned -15.53%.

For the latest price and information on Arcadia Biosciences, Inc., please visit Finstead and search for "RKDA price" or "RKDA news".

Arcadia Biosciences (RKDA): Can The Stock Climb Any Further?

5:48 pm ET, 16 Mar 2018

Arcadia Biosciences (RKDA) shares jumped over 300% on Wednesday. This biotech develops products that benefit the environment and human health.

The news came as the company announced that it has reached key milestones in its High Fiber Resistant Starch Wheat program. 

The stock has been on a run for the last week, although in yesterday’s trading it dropped 11%.  

There was no apparent news driving the move. The company’s market is around a hundred million dollars. Earlier in January, the company did a 1-for-20 reverse stock split. 

The rally was driven by the company’s success in developing non-genetically-modified wheat that contains 94% amylose (which is the highest level available today).  This can help with gastrointestinal health and obesity-related health conditions. 

The same wheat varieties deliver levels of dietary fiber that are high enough to garner the U.S. Food and Drug Administration's "high in fiber" designation. 

The question traders are trying to answer now is, is this price level sustainable?

The short share of float is above the average for the industry, which means you should expect a lot of volatility in daily trading.  

The new highs have instigated new short positions. The trading volume is down from yesterday, and still relatively high. 

Our advice—be cautious about Arkadia. It can easily swing one way or the other. 

What is your prediction this stock?  Are you forecasting new highs?  

Arcadia Biosciences, Inc. (RKDA) Stock Guide

Updated at: 12:38 pm ET, 18 Sep 2020

Before we start: if you're looking for RKDA stock price, you can quickly find it out by visiting Finny and typing "RKDA quote". If you're looking for a quick scoop on RKDA stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "RKDA". You'll get all this info in one place. Or you can just type "RKDA news" to get the latest stock news.

Looking to buy or sell Arcadia Biosciences, Inc. (RKDA)? Interested in getting the full scoop on RKDA, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this RKDA stock guide, we'll address key questions about RKDA, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are RKDA earnings?
2. What is RKDA stock forecast (i.e., prediction)?
3. RKDA buy or sell? What is RKDA Finny Score?
4. What are the reasons to buy RKDA? Why should I buy RKDA stock?
5. What are the reasons to sell RKDA? Why should I sell RKDA stock?
6. What are RKDA key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are RKDA earnings?

RKDA trailing 12-month earnings per share (EPS) is -$3.29.

Analyst Predictions

2. What is RKDA stock forecast (i.e., prediction)?

Based on RKDA analyst price targets, RKDA stock forecast is $11.50 (for a year from now). That means the average analyst price target for RKDA stock is $11.50. The prediction is based on 1 analyst estimates.

The low price target for RKDA is $11.00, while the high price target is $12.00.

RKDA analyst rating is Hold.

Analysis

3. RKDA buy or sell? What is RKDA Finny Score?

#{finnyScore:50}Our quantitative analysis shows 4 reasons to buy and 4 reasons to sell RKDA, resulting in Finny Score of 50.

4. What are the reasons to buy RKDA? Why should I buy RKDA stock?

Here are the reasons to buy RKDA stock:

  • RKDA quarterly revenue growth was 38.40%, higher than the industry and sector average revenue growth (1.00% and 0.19%, respectively). See RKDA revenue growth chart.
  • RKDA profitability is improving. The YoY profit margin change was 225.42 percentage points. See RKDA profitability chart.
  • RKDA average analyst price target ($11.50) is above its current price ($3.50). See RKDA price target chart.
  • RKDA cash to debt ratio is 1.71, higher than the average industry (0.11) and sector (0.07) cash to debt ratio. See RKDA cash to debt chart.

5. What are the reasons to sell RKDA? Why should I sell RKDA stock?

Let's look at the reasons to sell RKDA stock (i.e., the bear case):

Key Stats

6. What are RKDA key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for RKDA:

Metrics RKDA
Price $2.59
Average Price Target / Upside $11.50 / 344.02%
Average Analyst Rating Hold
Forward Dividend Yield 0.00%
Industry Agricultural Inputs
Sector Basic Materials
Number of Employees 42
Market Cap $34.13M
Forward P/E Ratio -2.61
Price/Book Ratio 24.41
Revenue (TTM) $1.4M
YoY Quarterly Revenue Growth 38.40%
Profit Margin 0.00%

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