Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Cadiz Inc (NASDAQ: CDZI) closed at $3.55 in the last session, up 2.90% from day before closing price of $3.45. In other words, the price has increased by $2.90 from its previous closing price. On the day, 2.66 million shares were traded. CDZI stock price reached its highest trading level at $3.6 during the session, while it also had its lowest trading level at $3.34.
Ratios:
We take a closer look at CDZI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.89. In the meantime, Its Debt-to-Equity ratio is 2.94 whereas as Long-Term Debt/Eq ratio is at 2.93.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 05 ’24 when Heerema International Group Se bought 2,070,000 shares for $3.34 per share. The transaction valued at 6,913,800 led to the insider holds 22,783,965 shares of the business.
Kennedy Susan P bought 25,000 shares of CDZI for $56,250 on Apr 18 ’24. The CEO now owns 966,921 shares after completing the transaction at $2.25 per share. On Jan 04 ’24, another insider, Kennedy Susan P, who serves as the CEO of the company, bought 6,762 shares for $2.81 each. As a result, the insider paid 18,999 and bolstered with 91,921 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CDZI now has a Market Capitalization of 266881184 and an Enterprise Value of 312012384. For the stock, the TTM Price-to-Sale (P/S) ratio is 96.15 while its Price-to-Book (P/B) ratio in mrq is 8.73. Its current Enterprise Value per Revenue stands at 116.162 whereas that against EBITDA is -14.281.
Stock Price History:
Over the past 52 weeks, CDZI has reached a high of $3.85, while it has fallen to a 52-week low of $2.12. The 50-Day Moving Average of the stock is 13.30%, while the 200-Day Moving Average is calculated to be 19.95%.
Shares Statistics:
According to the various share statistics, CDZI traded on average about 200.72K shares per day over the past 3-months and 541320 shares per day over the past 10 days. A total of 66.71M shares are outstanding, with a floating share count of 44.55M. Insiders hold about 40.75% of the company’s shares, while institutions hold 31.85% stake in the company. Shares short for CDZI as of 1728950400 were 5190478 with a Short Ratio of 25.86, compared to 1726185600 on 5136354. Therefore, it implies a Short% of Shares Outstanding of 5190478 and a Short% of Float of 13.600000000000001.
