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Cadiz Inc (NASDAQ:CDZI) has been downgraded to Strong Sell in a statement by BidaskClub earlier today.

BidaskClub has downgraded Cadiz Inc (NASDAQ:CDZI) to Strong Sell in a statement released on 07/08/2017.

On 01/09/2017, B. Riley released a statement on Cadiz Inc (NASDAQ:CDZI) upped the target price from $0.00 to $17.50 that suggested an upside of 0.42%.

Having a price of $12.60, Cadiz Inc (NASDAQ:CDZI) traded -1.22% lower on the day. With the last close down -14.71% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same period. Cadiz Inc has recorded a 50-day average of $12.77 and a two hundred day average of $14.25. Volume of trade was down over the average, with 76,923 shares of CDZI changing hands under the typical 178,506

Performance Chart

Cadiz Inc (NASDAQ:CDZI)

With a total market value of $0, Cadiz Inc has with a one year low of $6.70 and a one year high of $16.25 .

More About Cadiz Inc (NASDAQ:CDZI)

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. As of December 31, 2016, the Company was focused on the development of the Cadiz Valley Water Conservation, Recovery and Storage Project (Water Project or Project), which captures and conserves native groundwater being lost to evaporation from the aquifer system beneath its 34,000-acre property in the Cadiz and Fenner valleys of eastern San Bernardino County (the Cadiz/Fenner Property), and delivers it to water providers throughout Southern California. Its development activities include water resource and agricultural development at its San Bernardino County properties.

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