Cadiz Inc (NASDAQ: CDZI) on Monday, plunged -4.17% from the previous trading day, before settling in for the closing price of $3.12. Within the past 52 weeks, CDZI’s price has moved between $2.13 and $5.68.
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A company in the Utilities sector has jumped its sales by 13.89% annually for the last half of the decade. The company achieved an average annual earnings per share of 30.19%. With a float of $51.66 million, this company’s outstanding shares have now reached $81.79 million.
In an organization with 25 employees, it is important to assess its efficiency. 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
Observing investor behavior towards Utilities – Regulated Water industry stocks is more important than anything else. 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
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 30.19% 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 1.97 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 21.40.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.84 million. That was better than the volume of 0.6 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 60.17%.
During the past 100 days, Cadiz Inc’s (CDZI) raw stochastic average was set at 26.58%, which indicates a significant decrease from 45.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.29% in the past 14 days, which was lower than the 62.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.94, while its 200-day Moving Average is $3.58. However, in the short run, Cadiz Inc’s stock first resistance to watch stands at $3.12. Second resistance stands at $3.24. The third major resistance level sits at $3.32. If the price goes on to break the first support level at $2.92, it is likely to go to the next support level at $2.84. Assuming the price breaks the second support level, the third support level stands at $2.72.
Cadiz Inc (NASDAQ: CDZI) Key Stats
Market capitalization of the company is 244.81 million based on 81,876K outstanding shares. Right now, sales total 9,610 K and income totals -31,140 K. The company made 2,950 K in profit during its latest quarter, and -9,590 K in sales during its previous quarter.
