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Coda Octopus Group, Inc. (NASDAQ:CODA) Shares Purchased by Rice Hall James & Associates LLC

Coda Octopus Group logo with Computer and Technology background

Rice Hall James & Associates LLC raised its stake in shares of Coda Octopus Group, Inc. (NASDAQ:CODA - Free Report) by 25.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 307,388 shares of the company's stock after acquiring an additional 62,898 shares during the period. Rice Hall James & Associates LLC owned approximately 2.75% of Coda Octopus Group worth $2,229,000 as of its most recent SEC filing.

Coda Octopus Group Price Performance

Shares of CODA stock traded down $0.02 during trading hours on Friday, reaching $8.51. 43,395 shares of the company's stock were exchanged, compared to its average volume of 39,703. The company has a market cap of $95.23 million, a P/E ratio of 31.52 and a beta of 0.52. The company's 50 day moving average is $7.66 and its two-hundred day moving average is $6.98. Coda Octopus Group, Inc. has a 1 year low of $5.21 and a 1 year high of $9.03.

Coda Octopus Group (NASDAQ:CODA - Get Free Report) last issued its earnings results on Monday, September 16th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The business had revenue of $5.48 million during the quarter. Coda Octopus Group had a return on equity of 5.93% and a net margin of 15.93%.

About Coda Octopus Group

(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.

Further Reading

Institutional Ownership by Quarter for Coda Octopus Group (NASDAQ:CODA)

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