Cadiz (CDZI) Earning Somewhat Favorable News Coverage, Study Finds

News articles about Cadiz (NASDAQ:CDZI) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cadiz earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.0252806646254 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of Cadiz traded up $0.05, reaching $12.35, during trading hours on Tuesday, according to 1,110 shares of the stock traded hands, compared to its average volume of 222,119. The company has a debt-to-equity ratio of -1.69, a quick ratio of 2.48 and a current ratio of 2.48. Cadiz has a 52-week low of $9.65 and a 52-week high of $14.75.

Cadiz (NASDAQ:CDZI) last released its earnings results on Wednesday, March 14th. The company reported ($0.31) earnings per share for the quarter. The company had revenue of $0.11 million for the quarter.

Several brokerages have recently weighed in on CDZI. BidaskClub cut shares of Cadiz from a “buy” rating to a “hold” rating in a research note on Wednesday, February 14th. ValuEngine cut shares of Cadiz from a “hold” rating to a “sell” rating in a research note on Friday, February 23rd.

In other news, major shareholder Water Asset Management Llc bought 531,918 shares of the stock in a transaction that occurred on Friday, May 25th. The shares were bought at an average price of $12.47 per share, for a total transaction of $6,633,017.46. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 5.56% of the stock is currently owned by insiders.

About Cadiz

Cadiz Inc operates as a land and water resource development company in the United States. It engages in the water resource, and land and agricultural development activities in San Bernardino County properties. The company owns approximately 34,500 acres of land in the Cadiz and Fenner valleys of eastern San Bernardino County; and approximately 11,000 acres of land in the eastern Mojave Desert portion of San Bernardino County.

Insider Buying and Selling by Quarter for Cadiz (NASDAQ:CDZI)

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