Cadiz Inc (CDZI) Is A Great Bargain Stock To Take A Look At

Cadiz Inc (NASDAQ:CDZI) has a beta value of 0.88 and has seen 0.95 million shares traded in the recent trading session. The company, currently valued at $302.24M, closed the recent trade at $4.02 per share which meant it gained $0.53 on the day or 15.19% during that session. The CDZI stock price is 4.23% off its 52-week high price of $3.85 and 47.26% above the 52-week low of $2.12. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.33 million shares traded. The 3-month trading volume is 268.61K shares.

Cadiz Inc (NASDAQ:CDZI) trade information

Sporting 15.19% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CDZI stock price touched $4.02 or saw a fall of -5.24%. Year-to-date, Cadiz Inc shares have moved 43.57%, while the 5-day performance has seen it change 24.07%. Over the past 30 days, the shares of Cadiz Inc (NASDAQ:CDZI) have changed 29.26%. Short interest in the company has seen 5.07 million shares shorted with days to cover at 51.28.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Cadiz Inc (CDZI) estimates and forecasts

Figures show that Cadiz Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 30.10% over the past 6 months, with this year growth rate of 16.07%, compared to -4.10% for the industry.

1 analysts offering their estimates for the company have set an average revenue estimate of 8.44M for the current quarter. 1 have an estimated revenue figure of 4.57M for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 12.65% over the past 5 years.

CDZI Dividends

Cadiz Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Cadiz Inc (NASDAQ:CDZI)’s Major holders

Insiders own 36.80% of the company shares, while shares held by institutions stand at 39.45% with a share float percentage of 62.42%. Investors are also buoyed by the number of investors in a company, with Cadiz Inc having a total of 116.0 institutions that hold shares in the company. The top two institutional holders are B. RILEY ASSET MANAGEMENT, LLC with over 3.52 million shares worth more than $10.88 million. As of 2024-06-30, B. RILEY ASSET MANAGEMENT, LLC held 5.2578% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 2.79 million shares as of 2024-06-30. The firm’s total holdings are worth over $8.63 million and represent 4.1695% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Northern Lights Fd Tr-Altegris/AACA Opportunistic Real Estate Fd and Vanguard Total Stock Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 1.71% shares in the company for having 1.28 shares of worth $5.67 million while later fund manager owns 1.26 shares of worth $5.57 million as of Jun 30, 2024, which makes it owner of about 1.68% of company’s outstanding stock.