Cadiz (NASDAQ:CDZI) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Friday.
Separately, BidaskClub downgraded Cadiz from a “sell” rating to a “strong sell” rating in a research report on Saturday, September 1st.
CDZI stock traded up $0.07 during mid-day trading on Friday, reaching $11.07. 45,300 shares of the company’s stock were exchanged, compared to its average volume of 120,998. The company has a current ratio of 6.54, a quick ratio of 6.54 and a debt-to-equity ratio of -1.94. Cadiz has a 12-month low of $8.85 and a 12-month high of $14.75.
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.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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