Shares of Coda Octopus Group, Inc. (NASDAQ:CODA - Get Free Report) traded up 3.5% during trading on Monday . The stock traded as high as $8.22 and last traded at $8.17. 18,082 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 19,861 shares. The stock had previously closed at $7.89.
Analysts Set New Price Targets
Separately, Alliance Global Partners raised their target price on shares of Coda Octopus Group from $9.00 to $11.00 and gave the company a "buy" rating in a research note on Monday, November 11th.
Check Out Our Latest Research Report on Coda Octopus Group
Coda Octopus Group Stock Up 3.5 %
The business has a 50 day moving average of $8.62 and a 200 day moving average of $7.66. The company has a market capitalization of $91.46 million, a P/E ratio of 30.26 and a beta of 0.57.
Institutional Investors Weigh In On Coda Octopus Group
A hedge fund recently bought a new stake in Coda Octopus Group stock. Wealthquest Corp purchased a new position in Coda Octopus Group, Inc. (NASDAQ:CODA - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,603 shares of the company's stock, valued at approximately $108,000. Wealthquest Corp owned about 0.13% of Coda Octopus Group as of its most recent SEC filing. Hedge funds and other institutional investors own 20.12% of the company's stock.
Coda Octopus Group Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Coda Octopus Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coda Octopus Group wasn't on the list.
While Coda Octopus Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
