News coverage about Cadiz (NASDAQ:CDZI) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cadiz earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.5077779456037 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Several research firms have recently issued reports on CDZI. B. Riley restated a “buy” rating and issued a $17.50 price target on shares of Cadiz in a research report on Wednesday, July 19th. BidaskClub lowered Cadiz from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 8th.
Cadiz (CDZI) traded down 1.378% on Wednesday, hitting $12.525. The stock had a trading volume of 18,513 shares. The company’s market capitalization is $278.77 million. The company has a 50 day moving average of $13.01 and a 200 day moving average of $14.28. Cadiz has a 12-month low of $6.57 and a 12-month high of $16.25.
In related news, CFO Timothy J. Shaheen sold 50,000 shares of the business’s stock in a transaction on Wednesday, June 21st. The shares were sold at an average price of $13.00, for a total value of $650,000.00. Following the sale, the chief financial officer now owns 108,500 shares of the company’s stock, valued at $1,410,500. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 5.56% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Cadiz (CDZI) Share Price” was first reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this story on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The correct version of this story can be viewed at https://stocknewstimes.com/2017/08/02/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-cadiz-cdzi-share-price.html.
Cadiz Company Profile
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.
Receive News & Ratings for Cadiz Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadiz Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
