Cadiz is a natural resources development company. Co.'s business is to acquire and develop land with water resources for various uses, including groundwater supply, groundwater storage and agriculture. Co.'s portfolio of land and water resource assets is located in proximity to the Colorado River and the Colorado River Aqueduct, the principal source of imported water for Southern California, and provides Co. with the opportunity to participate in a variety of water supply, water storage, and conservation programs with public water agencies and other partners. Co.'s contiguous land in the Cadiz and Fenner valleys of eastern San Bernardino County, CA is zoned for agricultural development. We show 50 historical shares outstanding datapoints in our CDZI shares outstanding history coverage, used to compute CDZI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CDZI market cap history over the course of time is important for investors
interested in comparing CDZI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CDZI versus a peer is one thing; comparing
CDZI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CDZI can fluctuate over the course of history.
With this page we aim to empower investors researching CDZI by allowing them to research the CDZI market cap history. |
Video: The Importance of Market Cap
