Cadiz Inc’s recent filing unveils that its 10% Owner Heerema International Group Se acquired Company’s shares for reported $6.91 million on Nov 05 ’24. In the deal valued at $3.34 per share,2,070,000 shares were bought. As a result of this transaction, Heerema International Group Se now holds 22,783,965 shares worth roughly $82.93 million.
Then, Kennedy Susan P bought 25,000 shares, generating $56,250 in total proceeds. Upon buying the shares at $2.25, the CEO now owns 966,921 shares.
Price Performance Review of CDZI
On Friday, Cadiz Inc [NASDAQ:CDZI] saw its stock fall -8.08% to $3.64. Over the last five days, the stock has lost -14.55%. Cadiz Inc shares have fallen nearly -30.00% since the year began. Nevertheless, the stocks have risen 30.00% over the past one year. While a 52-week high of $5.68 was reached on 01/13/25, a 52-week low of $2.12 was recorded on 03/07/25. SMA at 50 days reached $4.75, while 200 days put it at $3.67.
Levels Of Support And Resistance For CDZI Stock
The 24-hour chart illustrates a support level at 3.43, which if violated will result in even more drops to 3.21. On the upside, there is a resistance level at 3.86. A further resistance level may holdings at 4.08. The Relative Strength Index (RSI) on the 14-day chart is 33.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.15%. Stochastics %K at 16.61% indicates the stock is a buying.
