The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Cadiz Inc (NASDAQ: CDZI) was $4.53 for the day, down -7.16% from the previous closing price of $4.89. In other words, the price has decreased by -$7.16 from its previous closing price. On the day, 1.0 million shares were traded. CDZI stock price reached its highest trading level at $4.905 during the session, while it also had its lowest trading level at $4.4509.
Ratios:
Our analysis of CDZI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 3.99 whereas as Long-Term Debt/Eq ratio is at 3.98.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.
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 340959872 and an Enterprise Value of 420299936. For the stock, the TTM Price-to-Sale (P/S) ratio is 61.55 while its Price-to-Book (P/B) ratio in mrq is 14.92. Its current Enterprise Value per Revenue stands at 75.839 whereas that against EBITDA is -20.152.
Stock Price History:
The Beta on a monthly basis for CDZI is 0.90, which has changed by 0.6449275 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, CDZI has reached a high of $5.68, while it has fallen to a 52-week low of $2.12. The 50-Day Moving Average of the stock is 5.73%, while the 200-Day Moving Average is calculated to be 35.51%.
Shares Statistics:
CDZI traded an average of 632.33K shares per day over the past three months and 1090610 shares per day over the past ten days. A total of 68.10M shares are outstanding, with a floating share count of 47.51M. Insiders hold about 36.80% of the company’s shares, while institutions hold 39.00% stake in the company. Shares short for CDZI as of 1735603200 were 5282561 with a Short Ratio of 8.35, compared to 1732838400 on 5057299. Therefore, it implies a Short% of Shares Outstanding of 5282561 and a Short% of Float of 11.62.
