In the last trading session, 1.06 million Cadiz Inc (NASDAQ:CDZI) shares changed hands as the company’s beta touched 0.92. With the company’s per share price at $4.96 changed hands at -$0.27 or -5.16% during last session, the market valuation stood at $372.91M. CDZI’s last price was a discount, traded about -14.52% off its 52-week high of $5.68. The share price had its 52-week low at $2.12, which suggests the last value was 57.26% up since then. When we look at Cadiz Inc’s average trading volume, we note the 10-day average is 0.93 million shares, with the 3-month average coming to 537.83K.
Cadiz Inc (NASDAQ:CDZI) trade information
Instantly CDZI was in red as seen at the end of in last trading. With action -0.40%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -4.62%, with the 5-day performance at -0.40% in the red. However, in the 30-day time frame, Cadiz Inc (NASDAQ:CDZI) is 20.39% up. Looking at the short shares, we see there were 5.28 million shares sold at short interest cover period of 11.67 days.
Cadiz Inc (CDZI) estimates and forecasts
Data shows that the Cadiz Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 41.71% over the past 6 months, a 16.07% in annual growth rate that is considerably higher than the industry average of -1.70%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 12.65%. The 2025 estimates are for Cadiz Inc earnings to increase by 16.38%.
CDZI Dividends
Cadiz Inc is expected to release its next quarterly earnings report in February.
Cadiz Inc (NASDAQ:CDZI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 36.80% of Cadiz Inc shares while 43.02% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 68.07%. There are 43.02% institutions holding the Cadiz Inc stock share, with B. RILEY ASSET MANAGEMENT, LLC the top institutional holder. As of 2024-06-30, the company held 5.2578% of the shares, roughly 3.52 million CDZI shares worth $10.88 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 4.1695% or 2.79 million shares worth $8.63 million as of 2024-06-30.
