Several analysts have recently updated their ratings and price targets for Cadiz (NASDAQ: CDZI):
- 2/14/2018 – Cadiz was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
- 2/6/2018 – Cadiz was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
- 1/31/2018 – Cadiz was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
- 1/24/2018 – Cadiz was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
Shares of Cadiz Inc (CDZI) traded down $0.40 during trading on Wednesday, hitting $13.50. 230,400 shares of the stock traded hands, compared to its average volume of 74,676. The firm has a market capitalization of $316.95, a P/E ratio of -6.59 and a beta of 0.50. The company has a debt-to-equity ratio of -1.76, a quick ratio of 1.84 and a current ratio of 1.84. Cadiz Inc has a twelve month low of $9.65 and a twelve month high of $16.25.
Cadiz Inc is a land and water resource development company. As of December 31, 2016, the Company had 45,000 acres of land in three areas of eastern San Bernardino County, California. The Company’s primary business is to acquire and develop land with water resources for various uses, including groundwater supply, groundwater storage and agriculture.
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