The stock price of Cadiz Inc. (NASDAQ: CDZI) has surged by 7.48 when compared to previous closing price of 3.21, but the company has seen a 10.22% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-19 that Rivera brings 25 years of senior management experience as the Company prepares to scale operations. LOS ANGELES, Sept.
Is It Worth Investing in Cadiz Inc. (NASDAQ: CDZI) Right Now?
The 36-month beta value for CDZI is also noteworthy at 0.86. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for CDZI is 42.45M, and at present, short sellers hold a 12.31% of that float. The average trading volume of CDZI on September 19, 2024 was 154.19K shares.
CDZI’s Market Performance
The stock of Cadiz Inc. (CDZI) has seen a 10.22% increase in the past week, with a 7.81% rise in the past month, and a 16.95% gain in the past quarter. The volatility ratio for the week is 5.13%, and the volatility levels for the past 30 days are at 5.98% for CDZI. The simple moving average for the past 20 days is 8.17% for CDZI’s stock, with a 18.02% simple moving average for the past 200 days.
CDZI Trading at 4.63% from the 50-Day Moving Average
After a stumble in the market that brought CDZI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.39% of loss for the given period.
Volatility was left at 5.98%, however, over the last 30 days, the volatility rate increased by 5.13%, as shares surge +3.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.62% upper at present.
During the last 5 trading sessions, CDZI rose by +8.31%, which changed the moving average for the period of 200-days by +12.62% in comparison to the 20-day moving average, which settled at $3.20. In addition, Cadiz Inc. saw 23.21% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CDZI starting from Kennedy Susan P, who purchase 25,000 shares at the price of $2.25 back on Apr 18 ’24. After this action, Kennedy Susan P now owns 966,921 shares of Cadiz Inc., valued at $56,250 using the latest closing price.
Kennedy Susan P, the CEO of Cadiz Inc., purchase 6,762 shares at $2.81 during a trade that took place back on Jan 04 ’24, which means that Kennedy Susan P is holding 91,921 shares at $18,999 based on the most recent closing price.
Stock Fundamentals for CDZI
Current profitability levels for the company are sitting at:
- -8.59 for the present operating margin
- -0.85 for the gross margin
The net margin for Cadiz Inc. stands at -10.95. The total capital return value is set at -0.21. Equity return is now at value -73.34, with -24.62 for asset returns.
Based on Cadiz Inc. (CDZI), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at -0.4. The debt to equity ratio resting at 2.0. The interest coverage ratio of the stock is -3.55.
Currently, EBITDA for the company is -19.57 million with net debt to EBITDA at -3.3. When we switch over and look at the enterprise to sales, we see a ratio of 112.98. The receivables turnover for the company is 1.66for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.
Conclusion
In summary, Cadiz Inc. (CDZI) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
