(CDZI) Cadiz - Ratings and Ratios

Cadiz Inc. is a US-based company that specializes in providing water solutions, operating through two main segments: Land and Water Resources, and Water Filtration Technology. The company offers a range of services including water supply, storage, conveyance, and filtration, catering to public and private water systems, government agencies, and commercial businesses. Additionally, Cadiz is involved in agricultural activities, cultivating grain crops such as alfalfa. With its headquarters in Los Angeles, California, the company has been in operation since 1983.

From a market perspective, Cadiz Inc.s stock (CDZI) is listed on the NASDAQ exchange. As a water utilities company, it operates within a sector that is increasingly relevant due to growing concerns over water scarcity and management. The companys diverse offerings position it to capitalize on the demand for water treatment and supply solutions.

Analyzing the , we observe that the stocks last price is $3.19, indicating a positive trend above its 20-day Simple Moving Average (SMA) of $2.82 and 50-day SMA of $3.08. However, it remains below the 200-day SMA of $3.62, suggesting a longer-term downtrend. The Average True Range (ATR) of $0.20, or 6.21% of the last price, indicates moderate volatility. The stock is currently trading between its 52-week high of $5.45 and low of $2.33, suggesting potential for both growth and decline.

Examining the , Cadiz Inc. has a market capitalization of $248.05 million and a forward Price-to-Earnings (P/E) ratio of 10.64, indicating that the market expects earnings growth. However, the current P/E ratio is not available, likely due to negative earnings, as also reflected in the Return on Equity (RoE) of -104.81%. This suggests that the company is currently not profitable, which could be a concern for investors.

Forecasting the stocks performance based on both technical and fundamental data, we can infer that while the short-term trend appears positive, with the stock price above its 20-day and 50-day SMAs, the long-term trend remains bearish, as indicated by the stock being below its 200-day SMA. The absence of a current P/E ratio and a negative RoE are significant concerns, suggesting that the companys financial health and profitability are issues. However, the forward P/E ratio indicates market expectations of future profitability. Therefore, a potential forecast could be that if Cadiz Inc. can address its profitability issues, the stock may see an upward trend, potentially approaching its 52-week high. Conversely, failure to achieve profitability could lead to further decline. A key level to watch would be the 200-day SMA at $3.62, a break above which could signal a longer-term positive trend.