The stock of Cadiz Inc (NASDAQ: CDZI) has increased by 3.40 when compared to last closing price of 3.24.Despite this, the company has seen a loss of -2.90% in its stock price over the last five trading days. zacks.com reported 2024-11-13 that Cadiz (CDZI) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.12 per share a year ago.
Is It Worth Investing in Cadiz Inc (NASDAQ: CDZI) Right Now?
Moreover, the 36-month beta value for CDZI is 0.86. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for CDZI is 44.55M and currently, short sellers hold a 11.39% of that float. On November 15, 2024, CDZI’s average trading volume was 253.70K shares.
CDZI’s Market Performance
CDZI’s stock has seen a -2.90% decrease for the week, with a 9.12% rise in the past month and a 3.08% gain in the past quarter. The volatility ratio for the week is 6.90%, and the volatility levels for the past 30 days are at 6.50% for Cadiz Inc. The simple moving average for the past 20 days is 2.07% for CDZI’s stock, with a 12.76% simple moving average for the past 200 days.
CDZI Trading at 6.32% 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 -12.99% of loss for the given period.
Volatility was left at 6.50%, however, over the last 30 days, the volatility rate increased by 6.90%, as shares surge +6.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.10% upper at present.
During the last 5 trading sessions, CDZI fell by -3.62%, which changed the moving average for the period of 200-days by +21.79% in comparison to the 20-day moving average, which settled at $3.28. In addition, Cadiz Inc saw 19.64% 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 Heerema International Group Se, who purchase 2,070,000 shares at the price of $3.34 back on Nov 05 ’24. After this action, Heerema International Group Se now owns 22,783,965 shares of Cadiz Inc, valued at $6,913,800 using the latest closing price.
Kennedy Susan P, the CEO of Cadiz Inc, purchase 25,000 shares at $2.25 during a trade that took place back on Apr 18 ’24, which means that Kennedy Susan P is holding 966,921 shares at $56,250 based on the most recent closing price.
Stock Fundamentals for CDZI
Current profitability levels for the company are sitting at:
- -3.98 for the present operating margin
- -0.14 for the gross margin
The net margin for Cadiz Inc stands at -5.28. The total capital return value is set at -0.21. Equity return is now at value -85.64, with -25.79 for asset returns.
Based on Cadiz Inc (CDZI), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at -0.25. The debt to equity ratio resting at 3.99. The interest coverage ratio of the stock is -7.08.
Currently, EBITDA for the company is -24.49 million with net debt to EBITDA at -3.76. When we switch over and look at the enterprise to sales, we see a ratio of 60.17. The receivables turnover for the company is 1.71for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.
Conclusion
To wrap up, the performance of Cadiz Inc (CDZI) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
