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 $1.98, down 1.49% from the previous day, and has decreased 69.11% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.57 percentage points. Arcadia Biosciences stock is currently +6.97% from its 52-week low of $1.85, and -69.54% from its 52-week high of $6.50.
As of May 8, 2024, there are 1.36M shares of RKDA outstanding. The market capitalization of RKDA is $2.70M. In the past 24 hours, 48,945 RKDA shares were traded.
How to Buy Arcadia Biosciences Stock
Wondering how to invest in Arcadia Biosciences stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your method of payment and add your information.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
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.
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
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 0.21x, relative to Packaged Foods industry P/B ratio of 2.17x
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 $11.64M in cash and short term investments. This is enough to cover its annual cash burn of $15.18M.
Failed Health Checks:
- RKDA has cash burn of 15184000. It does not have enough cash and short-term investments to cover this.
- RKDA profit margin has gone down from -207.3% to -262.3% in the past year.
- RKDA has a relatively high debt to equity ratio of 0.55.
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
RKDA Growth Metrics
Last year, RKDA revenue was $5.33M. During the past five year, RKDA's revenue has gone up by 29.49% per year. This was faster than the Packaged Foods industry average of 5.83%.
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.
Thomas J. Schaefer, Chief Financial Officer of RKDA, was the latest RKDA insider to buy. They bought $1,442.00 worth of RKDA stock on Feb 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
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
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.
If you need more help buying stocks on eToro, click the helpful video below:
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:
- Figure out where to buy Arcadia Biosciences stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Arcadia Biosciences stock
- Execute your RKDA trade
- Track your RKDA position
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your new investment in Arcadia Biosciences, click the button below.
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