Cadiz Inc (NASDAQ: CDZI) on Friday, soared 4.72% from the previous trading day, before settling in for the closing price of $4.24. Within the past 52 weeks, CDZI’s price has moved between $2.12 and $4.72.
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Annual sales at Utilities sector company grew by 45.19% over the past five years. The company achieved an average annual earnings per share of 16.38%. With a float of $44.55 million, this company’s outstanding shares have now reached $66.71 million.
Let’s look at the performance matrix of the company that is accounted for 18 employees. In terms of profitability, gross margin is -14.31%, operating margin of -398.21%, and the pretax margin is -527.95%.
Cadiz Inc (CDZI) Insider Updates
Observing investor behavior towards Utilities – Regulated Water industry stocks is more important than anything else. The insider ownership of Cadiz Inc is 40.75%, while institutional ownership is 35.66%. The most recent insider transaction that took place on Nov 05 ’24, was worth 6,913,800. In this transaction 10% Owner of this company bought 2,070,000 shares at a rate of $3.34, taking the stock ownership to the 22,783,965 shares. Before that another transaction happened on Apr 18 ’24, when Company’s CEO bought 25,000 for $2.25, making the entire transaction worth $56,250. This insider now owns 966,921 shares in total.
Cadiz Inc (CDZI) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.38% per share during the next fiscal year.
Cadiz Inc (NASDAQ: CDZI) Trading Performance Indicators
Cadiz Inc (CDZI) is currently performing well based on its current performance indicators. A quick ratio of 0.87 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 63.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.51, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.33 in one year’s time.
Technical Analysis of Cadiz Inc (CDZI)
Cadiz Inc (NASDAQ: CDZI) saw its 5-day average volume 1.26 million, a positive change from its year-to-date volume of 0.23 million. As of the previous 9 days, the stock’s Stochastic %D was 75.10%. Additionally, its Average True Range was 0.29.
During the past 100 days, Cadiz Inc’s (CDZI) raw stochastic average was set at 85.61%, which indicates a significant increase from 83.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.60% in the past 14 days, which was higher than the 74.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.25, while its 200-day Moving Average is $3.01. Nevertheless, the first resistance level for the watch stands at $4.57 in the near term. At $4.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.84. If the price goes on to break the first support level at $4.29, it is likely to go to the next support level at $4.13. Assuming the price breaks the second support level, the third support level stands at $4.01.
Cadiz Inc (NASDAQ: CDZI) Key Stats
Market capitalization of the company is 349.57 million based on 75,184K outstanding shares. Right now, sales total 1,990 K and income totals -31,450 K. The company made 3,220 K in profit during its latest quarter, and -6,790 K in sales during its previous quarter.
