Cadiz Inc (NASDAQ:CDZI) does about 381.78K shares in volume on a normal day but saw 286962 shares change hands in the recent trading day. The company now has a market cap of 318.78M USD. Its current market price is $4.24, marking a decrease of -0.70% compared to the previous close of $4.27. The 52 week high reached by this stock is $4.72 whilst the lowest price level in 52 weeks is $2.12.
Cadiz Inc (CDZI) has a 20-day trading average at $4.16 and the current price is -10.17% off the 52-week high compared with 99.99% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.62 and its 200-day simple moving average is $3.12. If we look at the stock’s price movements over the week, volatility stands at 6.44%, which increases to 7.08% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 58.68 to suggest the stock is neutral.
The consensus objective for the share price is $15.00, suggesting that the stock has a potential upside of 71.73% over the period.
The current price level is 1.84%, 17.17%, and 35.91% away from its SMA20, SMA50, and SMA200 respectively, with the CDZI price moving below the 50-day SMA on current market day. Cadiz Inc (CDZI) stock is up 4.18% over the week and 25.82% over the past month. Its price is 51.43% year-to-date and 34.60% over the past year.
To reach the target analysts have set, the stock logically needs to grow 71.73 percent from here.
Outstanding shares total 68.10M with insiders holding 36.79% of the shares and institutional holders owning 42.93% of the company’s common stock. The company has a return on investment of -33.36% and return on equity of -85.64%. The beta has a value of 0.98. Price to book ratio is 13.95 and price to sales ratio is 57.54.
