Coda Octopus Group (NASDAQ:CODA - Get Free Report) posted its earnings results on Monday. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.05, Zacks reports. Coda Octopus Group had a net margin of 17.95% and a return on equity of 7.04%. The company had revenue of $5.21 million for the quarter, compared to analyst estimates of $6.35 million.
Coda Octopus Group Stock Performance
CODA stock traded down $0.04 during midday trading on Friday, hitting $6.69. 21,493 shares of the company's stock were exchanged, compared to its average volume of 28,076. Coda Octopus Group has a one year low of $5.57 and a one year high of $9.89. The company has a market cap of $75.06 million, a PE ratio of 20.27 and a beta of 0.60. The stock's fifty day moving average price is $7.70 and its 200-day moving average price is $8.02.
Coda Octopus Group Company Profile
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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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