Cadiz Inc (NASDAQ:CDZI)’s traded shares stood at 1.03 million during the last session, with the company’s beta value hitting 0.92. At the close of trading, the stock’s price was $5.28, to imply an increase of 6.35% or $0.32 in intraday trading. The CDZI share’s 52-week high remains $5.68, putting it -7.58% down since that peak but still an impressive 59.85% since price per share fell to its 52-week low of $2.12. The company has a valuation of $396.59M, with an average of 0.85 million shares in intraday trading volume over the past 10 days and average of 553.22K shares over the past 3 months.
Cadiz Inc (NASDAQ:CDZI) trade information
After registering a 6.35% upside in the last session, Cadiz Inc (CDZI) has traded red over the past five days. The 5-day price performance for the stock is 10.59%, and 32.21% over 30 days. With these gigs, the year-to-date price performance is 1.44%. Short interest in Cadiz Inc (NASDAQ:CDZI) saw shorts transact 5.28 million shares and set a 11.67 days time to cover.
Cadiz Inc (CDZI) estimates and forecasts
Looking at statistics comparing Cadiz Inc share performance against respective industry, we note that the company has outperformed competitors. Cadiz Inc (CDZI) shares are 39.55% up over the last 6 months, with its year-to-date growth rate higher than industry average at 16.07% against -1.70%.
Revenue forecast for the current quarter as set by 1 analysts is 8.44M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 4.57M.
CDZI Dividends
Cadiz Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Cadiz Inc (NASDAQ:CDZI)’s Major holders
Cadiz Inc insiders hold 36.80% of total outstanding shares, with institutional holders owning 43.12% of the shares at 68.22% float percentage. In total, 43.12% institutions holds shares in the company, led by B. RILEY ASSET MANAGEMENT, LLC. As of 2024-06-30, the company held over 3.52 million shares (or 5.2578% of shares), all amounting to roughly $10.88 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 2.79 million shares, or about 4.1695% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $8.63 million.
We also have Vanguard Total Stock Market Index Fund and Northern Lights Fd Tr-Altegris/AACA Opportunistic Real Estate Fd as the top two Mutual Funds with the largest holdings of the Cadiz Inc (CDZI) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 1.33 shares. This is just over 1.77% of the total shares, with a market valuation of $7.04 million. Data from the same date shows that the other fund manager holds a little less at 1.28, or 1.71% of the shares, all valued at about 6.77 million.
