On Tuesday, Cadiz Inc (NASDAQ: CDZI) was 5.63% up from the session before settling in for the closing price of $2.84. A 52-week range for CDZI has been $2.13 – $5.68.
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Annual sales at Utilities sector company grew by 85.20% over the past five years. When this article was written, the company’s average yearly earnings per share was at 30.19%. With a float of $51.66 million, this company’s outstanding shares have now reached $81.79 million.
Let’s look at the performance matrix of the company that is accounted for 25 employees. In terms of profitability, gross margin is 26.82%, operating margin of -226.15%, and the pretax margin is -296.06%.
Cadiz Inc (CDZI) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cadiz Inc stocks. The insider ownership of Cadiz Inc is 36.90%, while institutional ownership is 40.95%. 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.
Cadiz Inc (CDZI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 30.19% per share during the next fiscal year.
Cadiz Inc (NASDAQ: CDZI) Trading Performance Indicators
You can see what Cadiz Inc (CDZI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 21.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.55, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.31 in one year’s time.
Technical Analysis of Cadiz Inc (CDZI)
Cadiz Inc (NASDAQ: CDZI) saw its 5-day average volume 0.45 million, a negative change from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 23.54%. Additionally, its Average True Range was 0.18.
During the past 100 days, Cadiz Inc’s (CDZI) raw stochastic average was set at 26.89%, which indicates a significant decrease from 46.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.93% in the past 14 days, which was lower than the 63.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.84, while its 200-day Moving Average is $3.58. Nevertheless, the first resistance level for the watch stands at $3.08 in the near term. At $3.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.30. If the price goes on to break the first support level at $2.86, it is likely to go to the next support level at $2.72. Assuming the price breaks the second support level, the third support level stands at $2.64.
Cadiz Inc (NASDAQ: CDZI) Key Stats
There are 81,876K outstanding shares of the company, which has a market capitalization of 245.63 million. As of now, sales total 9,610 K while income totals -31,140 K. Its latest quarter income was 2,950 K while its last quarter net income were -9,590 K.
