Do Traders Think Cadiz Inc (CDZI) Can Keep Climbing Thursday?

Cadiz Inc (CDZI) stock is higher by 5.81% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Cadiz Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CDZI!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CDZI Stock Today?

Cadiz Inc (CDZI) stock is trading at $7.47 as of 1:19 PM on Thursday, Oct 14, an increase of $0.12, or 1.63% from the previous closing price of $7.35. The stock has traded between $7.39 and $7.62 so far today. Volume today is light. So far 169,534 shares have traded compared to average volume of 698,189 shares. To see InvestorsObserver's Sentiment Score for Cadiz Inc click here.

More About Cadiz Inc

Cadiz Inc is a land and water resource development company in California. Its primary business is to acquire and develop land with water resources for various uses, including groundwater supply, groundwater storage, and agriculture. The company focuses on the development of the Cadiz Valley Water Conservation, Recovery and Storage Project which will capture and conserve native groundwater currently being lost to evaporation from the aquifer system beneath the property of Cadiz and Fenner valleys of eastern San Bernardino County, and deliver it to water providers throughout Southern California. Click Here to get the full Stock Report for Cadiz Inc stock.