Cadiz (NASDAQ:CDZI) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a research note issued on Tuesday.
Separately, B. Riley set a $18.00 price objective on Cadiz and gave the company a “buy” rating in a report on Monday, October 16th.
Cadiz (CDZI) opened at $14.25 on Tuesday. The firm has a market capitalization of $326.07, a PE ratio of -6.95 and a beta of 0.50. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of -1.76. Cadiz has a 1-year low of $9.65 and a 1-year high of $16.25.
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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.
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