CDZI jumping up 9% today. A closer look at what's happening:

Cadiz Inc (CDZI) is trading 9% higher at $4.79 today. So far the Utilities sector has been having a slightly bearish day, and the share price of the company is rapidly outpacing it's peers.

A strong factor in the price movement would likely be the most recent earnings call on August 12, which were mixed, with a small earnings beat, but a EPS miss. The stock could also be moving on broader environmental macro themes like the Inflation Reduction act and water situation in California.

Cadiz Inc has been trading between a 52-week high of $14.69 and a 52-week low of $1.66. The stock has a market cap of $243 Million.

Founded in 1983, Cadiz Inc. is a California business dedicated to sustainable water and agricultural projects. The company owns 70 square miles of property with significant water resources in Southern California and is the largest agricultural operation in San Bernardino, California, where Cadiz has sustainably farmed since the 1980s.