Cadiz (NASDAQ:CDZIP) Shares Down 0.1% – Time to Sell?

Cadiz Inc. (NASDAQ:CDZIPGet Free Report) traded down 0.1% on Monday . The company traded as low as $19.55 and last traded at $19.58. 16,514 shares traded hands during trading, an increase of 97% from the average session volume of 8,368 shares. The stock had previously closed at $19.60.

Cadiz Price Performance

The stock’s 50-day simple moving average is $19.53 and its 200 day simple moving average is $18.47.

Cadiz Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Saturday, October 4th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 11.2%. The ex-dividend date of this dividend was Friday, October 3rd.

About Cadiz

(Get Free Report)

Cadiz Inc, together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources.

Read More

Receive News & Ratings for Cadiz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadiz and related companies with MarketBeat.com's FREE daily email newsletter.