Coda Octopus Group (NASDAQ:CODA) Trading 1.2% Higher

Coda Octopus Group, Inc. (NASDAQ:CODAGet Free Report)’s share price traded up 1.2% on Monday . The stock traded as high as $6.05 and last traded at $6.05. 5,916 shares traded hands during trading, a decline of 72% from the average session volume of 21,451 shares. The stock had previously closed at $5.98.

Coda Octopus Group Trading Up 0.8 %

The company has a market capitalization of $69.29 million, a price-to-earnings ratio of 24.80 and a beta of 0.59. The firm has a 50-day moving average price of $6.41 and a 200-day moving average price of $6.13.

Coda Octopus Group (NASDAQ:CODAGet Free Report) last issued its earnings results on Wednesday, June 12th. The company reported $0.13 earnings per share (EPS) for the quarter. Coda Octopus Group had a return on equity of 5.54% and a net margin of 15.15%. The business had revenue of $5.32 million for the quarter.

Institutional Trading of Coda Octopus Group

A number of institutional investors have recently bought and sold shares of the company. Byrne Asset Management LLC acquired a new position in Coda Octopus Group in the 4th quarter valued at approximately $25,000. Victory Capital Management Inc. acquired a new position in shares of Coda Octopus Group in the 4th quarter worth approximately $58,000. Finally, Buckingham Capital Management Inc. acquired a new position in shares of Coda Octopus Group in the 4th quarter worth approximately $60,000. Institutional investors and hedge funds own 20.12% of the company’s stock.

About Coda Octopus Group

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Coda Octopus Group, Inc, together with its subsidiaries, develops, sells, and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. The company operates through two segments, Marine Engineering Business and Marine Technology Business.

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