Arcadia Biosciences, Inc. (RKDA) Stock: Here’s What’s Happening


Arcadia Biosciences, Inc. (RKDA) is working its way for to the top in the market today. The stock, one that is focused in the biotech industry, is currently trading at $3.21 after gaining 5.76% so far in today’s session. When it comes to biotech companies, there are several factors that have the ability to cause price movement in the market. News is one of the most common reasons for movement. Here are the recent trending headlines associated with RKDA:

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Jun-18-19 09:00AM Arcadia Biosciences Announces Closing of $7.5 Million Registered Direct Offering Priced At-the-Market
Jun-13-19 09:00AM Arcadia Biosciences Announces $7.5 Million Registered Direct Offering Priced At-the-Market
May-16-19 07:00PM Edited Transcript of RKDA earnings conference call or presentation 8-May-19 8:30pm GMT
May-08-19 07:35PM Arcadia Biosciences (RKDA) Reports Q1 Loss, Misses Revenue Estimates
06:28PM Arcadia Biosciences: 1Q Earnings Snapshot

Nonetheless, any time investors are making an investing decision, prospective investors should look at far more than just news, especially in the highly speculative biotech industry. Here’s what’s happening with Arcadia Biosciences, Inc..

How RKDA Has Been Trending

While a gain in a single session, like the gain that we’re seeing from Arcadia Biosciences, Inc. may cause excitement in some investors, a single session gain by itself shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It is always important to dig into trends for a period longer than a single trading session. In the case of RKDA, here are the movements that we have seen:

  • Weekly – Over the past five trading sessions, RKDA has produced a change in value in the amount of 2.06%.
  • Past 30 Days – The monthly performance from Arcadia Biosciences, Inc. comes to -34.52%.
  • Quarterly – Over the last three months, the stock has generated a return of -50.92%
  • Past 6 Months – Throughout the past six months, we have seen a change that amounts to -7.35% from the stock.
  • Year To Date – Since the the first trading session of this year RKDA has produced a return of 1.42%.
  • Full Year – Finally, over the past full year, investors have seen movement in the amount of -58.14% from RKDA. In this period, the stock has sold at a high of -69.09% and a low of 21.54%.

Ratios Of Note

Digging into a few ratios having to do with a company can provide traders a look of just how risky and/or potentially profitable a stock pick may be. Below are a few of the important ratios to consider when digging into RKDA.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors have a belief that the stock is going to fall. In general, biotechnology stocks can carry a higher short ratio. However, we also tend to see quite a few short squeezes in the sector. Nonetheless, when it comes to Arcadia Biosciences, Inc., the stock’s short ratio amounts to 1.28.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Basically, they measure the company’s abilities to pay its debts as they mature with only current assets or quick assets. In the biotech sector, many companies are reliant on continued investor support, these ratios can look bad. Nonetheless, some good picks in the biotechnology sector come with positive current and quick ratios. In terms of RKDA, the quick and current ratios come to 6.20 and 6.30 respectively.  

Book To Share Value – The book to share value ratio compares the book value of assets currently owned by the company to the share price. In this case, the book to share value ratio comes in at 0.13.

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the price of shares. Many clinical stage biotech companies struggle to keep cash on hand. So, if you’re looking into a biotechnology stock, this is an important ratio to look into. In this case, the cash to share value ratio comes to 2.75.

Analyst Opinions With Regard To Arcadia Biosciences, Inc.

Although it’s never a good idea to blindly follow the thoughts of analysts, it is a good idea to consider their analysis when validating your own opinions when it comes to making investment decisions in the biotech space. Below you’ll find the most recent moves that we have seen from analysts as it relates to RKDA.

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May-12-17 Downgrade Piper Jaffray Overweight → Neutral
Jun-09-15 Initiated Piper Jaffray Overweight $10
Jun-09-15 Initiated Credit Suisse Outperform $14

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in RKDA, here’s what we’re seeing:

  • Institutions – As it stands now, institutional investors own 3.10% of the company. However, it is important to note that institutional ownership has moved in the amount of -30.94% throughout the past quarter.
  • Insiders – as it relates to insiders, members of the management team and others close to RKDA currently hold 33.31% of the company. Their ownership of the company has seen a move of 0.00% throughout the last quarter.

Looking At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 6.48M shares of Arcadia Biosciences, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, RKDA has a float of 4.68M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to RKDA, the short percent of the float is 3.17%.

Financial Results And Expectations

What have ween seen from RKDA in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – As it stands at the moment, analysts expect that Arcadia Biosciences, Inc. will report EPS that comes to -2.55, with -0.91 being reported in the report for the current quarter. Although this data is not associated with earnings, because we’re talking about Wall St. analysts, the stock is currently graded as a 1.50 considering a scale that ranges from 1 to 5 where 1 is the poorest Wall Street analyst rating and 5 is the best possible.
  • 5-Year Sales – Throughout the past half decade, Arcadia Biosciences, Inc. has generated a change in sales in the amount of -25.70%. Earnings per diluted share in the past half decade have seen a change of 10.20%.
  • Q/Q – when it comes to quarter over quarter earnings performance, or Q/Q data as it is generally referred to as in the world of humans, Arcadia Biosciences, Inc. has seen a change in earnings in the amount of 45.60%. Arcadia Biosciences, Inc. has also experienced movement when it comes to sales that adds up to 0.00%.

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