Cadiz Inc (NASDAQ: CDZI) kicked off on Tuesday, up 4.75% from the previous trading day, before settling in for the closing price of $5.47. Over the past 52 weeks, CDZI has traded in a range of $2.13-$6.10.
Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 13.89%. While this was happening, its average annual earnings per share was recorded 145.28%. With a float of $51.75 million, this company’s outstanding shares have now reached $81.90 million.
Cadiz Inc (CDZI) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Water Industry. The insider ownership of Cadiz Inc is 36.91%, while institutional ownership is 40.48%. 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) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.12 earnings per share (EPS), lower than consensus estimate (set at -0.11) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 145.28% per share during the next fiscal year.
Cadiz Inc (NASDAQ: CDZI) Trading Performance Indicators
Take a look at Cadiz Inc’s (CDZI) current performance indicators. Last quarter, stock had a quick ratio of 1.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 31.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.51, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.25 in one year’s time.
Technical Analysis of Cadiz Inc (CDZI)
Compared to the last year’s volume of 0.64 million, its volume of 1.1 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 61.03%.
During the past 100 days, Cadiz Inc’s (CDZI) raw stochastic average was set at 88.96%, which indicates a significant increase from 74.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.40 in the past 14 days, which was higher than the 0.22 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.42, while its 200-day Moving Average is $3.70. Nevertheless, the first resistance level for the watch stands at $6.00 in the near term. At $6.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.67. If the price goes on to break the first support level at $5.33, it is likely to go to the next support level at $4.94. Now, if the price goes above the second support level, the third support stands at $4.66.
Cadiz Inc (NASDAQ: CDZI) Key Stats
The company with the Market Capitalisation of 469.97 million has total of 82,019K Shares Outstanding. Its annual sales at the moment are 9,610 K in contrast with the sum of -31,140 K annual income. Company’s last quarter sales were recorded 4,130 K and last quarter income was -7,730 K.
