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How to Buy Arcadia Biosciences Stock

Arcadia Biosciences Inc

Arcadia Biosciences, Inc. produces and markets plant-based health and wellness products in the United States.

Arcadia Biosciences stock last closed at $2.81, down 1.75% from the previous day, and has decreased 12.19% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.22 percentage points. Arcadia Biosciences stock is currently +51.81% from its 52-week low of $1.85, and -28.5% from its 52-week high of $3.93.

As of Oct 3, 2024, there are 1.36M shares of RKDA outstanding. The market capitalization of RKDA is $3.83M. In the past 24 hours, 695 RKDA shares were traded.

How to Buy Arcadia Biosciences Stock

Wondering how to invest in Arcadia Biosciences stock? Here's how.
  1. Figure out where to buy Arcadia Biosciences stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Arcadia Biosciences stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Pick your method of payment and add your information.
  4. Analyze Arcadia Biosciences stock: The Arcadia Biosciences ticker symbol is RKDA. Is Arcadia Biosciences stock a good investment? Should you buy shares of RKDA? How do RKDA's underlying business fundamentals look? Do top analysts think Arcadia Biosciences is a good buy? Why has RKDA's stock price moved recently? (Hint: Our stock analysis website can help you understand if RKDA is a good stock to buy).
  5. Execute your RKDA trade: Decide if you will purchase RKDA shares at the current market price or use a limit order to purchase RKDA stock at a given price.
  6. Track your RKDA position: Create a watchlist to keep tabs on your new investment in Arcadia Biosciences shares.

Step 1: Figure out where to buy Arcadia Biosciences stock

You will need an online brokerage account to access the NASDAQ market and buy RKDA shares.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal details so you can invest in RKDA stock today.

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Step 3: Fund your brokerage account

Now that you have opened your account on app for investing, your next step is to transfer the money for your investment:

Watch the tutorial below if you need help transferring funds into your investment account.

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Step 4: Analyze Arcadia Biosciences stock

Once you have identified the best place to buy Arcadia Biosciences stock, it's very important to research their stock prior to buying, so you truly wrap your head around the risk as well as the opportunity.

Arcadia Biosciences Numbers

RKDA Price
$2.81
1w %
2.93%
1y %
-12.19%
5y %
-98.53%
P/E
-0.58x
P/B
0.33x
P/S
0.72x
PEG
N/A
Revenue
$5.33M
Earnings
-$6.78M
Fore. Rev. Growth
1.46%
Fore. Earn. Growth
N/A
Market Cap
$3.83M
Next Earnings
Nov 7, 2024
Next Dividend
N/A

Arcadia Biosciences Zen Score

WallStreetZen was created to help part-time investors perform more accurate fundamental analysis.

You can see all of the due diligence checks on RKDA's stock page.

Is RKDA stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge RKDA's intrinsic value.

Using relative valuations ratios:

  • RKDA may be undervalued based on its P/B ratio of 0.33x, relative to Packaged Foods industry P/B ratio of 2.2x

You can do additional valuation analysis on RKDA's stock here.

A look at RKDA Cashflows and Balance Sheet

Passed Health Checks:

  • Total RKDA debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the RKDA balance sheet.
  • There are more short-term assets than short-term liabilities on the RKDA balance sheet.
  • RKDA has $9.87M in cash and short term investments. This is enough to cover its annual cash burn of $12.47M.

Failed Health Checks:

  • RKDA has cash burn of 12472000. It does not have enough cash and short-term investments to cover this.
  • RKDA profit margin has gone up by 1.96 percentage points in the past year, but the company is still unprofitable.
  • RKDA has a relatively high debt to equity ratio of 0.5.

Is it a good time to buy Arcadia Biosciences stock, according to analysts?

Out of 1 sell side analysts who research RKDA, the consensus analyst rating on Arcadia Biosciences is a Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Arcadia Biosciences stock forecast page.

RKDA Trading Indicators

SMA10
2.82
SMA20
2.83
SMA50
2.8
SMA100
2.91
SMA200
2.69
MACD
-0.01
MACD Signal
-0.01
MACD Histogram
0
RSI
48.78
Stochastic %K
47.46
Stochastic %D
41.26
StochRSI %K
60.3
StochRSI %D
43.67

RKDA Growth Metrics

Last year, RKDA revenue was $5.33M. During the past five year, RKDA's revenue has gone up by 35.3% per year. This was faster than the Packaged Foods industry average of 4.89%.

Learn more about RKDA's earnings and revenue performance here.

Are RKDA insiders buying or selling the stock?

In the last year, insiders at RKDA have bought more shares than they have sold.

Mark Kawakami, Chief Financial Officer of RKDA, was the latest RKDA insider to buy. They bought $1,442.00 worth of RKDA stock on Aug 1, 2024.

Research more about who owns RKDA shares here.

Does RKDA provide a stable income stream?

No, Arcadia Biosciences doesn't provide an income stream by paying out dividends.

What others are saying about RKDA

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Step 5: Execute your RKDA trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.

Hit the Open button and eToro will place the order.

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Step 6: Track your RKDA position

Now that you own some RKDA shares, you'll want to keep up with your investment.

Put RKDA on a watchlist to keep tabs on your RKDA stock.

RKDA Feed

How to Buy Stock in Arcadia Biosciences

To summarize, here are the 6 steps to buy stock in Arcadia Biosciences:

  1. Figure out where to buy Arcadia Biosciences stock
  2. Open a brokerage account
  3. Fund your brokerage account
  4. Analyze Arcadia Biosciences stock
  5. Execute your RKDA trade
  6. Track your RKDA position

If you require a online brokerage, eToro is our recommended venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your new investment in Arcadia Biosciences, click the button below.

NASDAQ: RKDA
$2.81-0.05 (-1.75%)
Updated Oct 3, 2024
Open eToro Account
NASDAQ: RKDA
$2.81-0.05 (-1.75%)
Updated Oct 3, 2024
Open eToro Account

FAQ

How much does it cost to buy one Arcadia Biosciences share?

As of Oct 3, 2024, it costs $2.81 to buy one share of Arcadia Biosciences stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.356 shares of RKDA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Arcadia Biosciences stock?

According to 1 Wall Street analysts who monitor Arcadia Biosciences, their consensus recommendation is to buy Arcadia Biosciences stock.

What is the best way to buy Arcadia Biosciences stock?

One way to place an order for Arcadia Biosciences stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.