Cadiz Inc (NASDAQ:CDZI) at last check was buoying at $5.55 on current market day with a rise of 18.86% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $4.66 with its price kept floating in the range of $4.96 and $5.59 on the day. Considering stock’s 52-week price range provides that CDZI hit a high price of $5.46 and saw its price falling to a low level of $2.12 during that period. Over a period of past 1-month, stock came adding 36.24% in its value.
With its current market valuation of $416.89 million, Cadiz Inc is set to declare its quarterly results in February. Analysts are in estimates of -0.08 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to -0.46 for current year with estimates of that growing to -0.33 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 8.44M. They suggested that in the process company could generate revenue of as low as 8.44M which could climb up to 8.44M to hit a high.
In contrast, when we review CDZI stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
Digging deeper we become aware of the PEG ratio of the CDZI stock which is currently positioned at 0. It further provides that stock’s current price level is 22.15% away from its 20-day simple moving average and is 38.62% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 70.05 while volatility remained at 6.19% over the past week which changes to 6.47% when measuring it over the past month. Beta is valued at 0.92, while measure of average true range or ATR is currently at 0.34.
Having a second look at Cadiz Inc (NASDAQ:CDZI) provides that stock’s average daily trading volume for 3 months was 473.93K, while it jumped to 644580 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 68.10 million.
The percentage of outstanding shares held by the insiders is 36.80% while it is 38.94% for the institutional holders. The figures also indicate that as of 2024-12-13, number of stock’s short shares was 4.97 million which implies a short ratio of 9.81. This shows up a 1094.00 of Short Interest in company’s outstanding shares on the day. In December the standing of shares short improved as it was 4.97 million in the previous month. Addition of 6.63% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
