On Tuesday, Cadiz Inc (NASDAQ: CDZI) was -4.95% drop from the session before settling in for the closing price of $4.85. A 52-week range for CDZI has been $2.13 – $6.10.
A company in the Utilities sector has jumped its sales by 13.89% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 145.28%. With a float of $51.79 million, this company’s outstanding shares have now reached $81.90 million.
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 36.91%, while institutional ownership is 40.66%.
Cadiz Inc (CDZI) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.12 earnings per share (EPS) during the time that was less than consensus figure (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
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 1.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 25.14.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.71 million. That was better than the volume of 0.64 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.56%.
During the past 100 days, Cadiz Inc’s (CDZI) raw stochastic average was set at 53.58%, which indicates a significant increase from 4.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.32 in the past 14 days, which was higher than the 0.23 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.73, while its 200-day Moving Average is $3.70. However, in the short run, Cadiz Inc’s stock first resistance to watch stands at $4.78. Second resistance stands at $4.95. The third major resistance level sits at $5.05. If the price goes on to break the first support level at $4.51, it is likely to go to the next support level at $4.41. Assuming the price breaks the second support level, the third support level stands at $4.24.
Cadiz Inc (NASDAQ: CDZI) Key Stats
There are 82,085K outstanding shares of the company, which has a market capitalization of 378.41 million. As of now, sales total 9,610 K while income totals -31,140 K. Its latest quarter income was 4,130 K while its last quarter net income were -7,730 K.
