Coda Octopus Group (NASDAQ:CODA) Releases Earnings Results

Coda Octopus Group (NASDAQ:CODA) posted its quarterly earnings data on Monday. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01, Yahoo Finance reports. The company had revenue of $5.48 million for the quarter. Coda Octopus Group had a return on equity of 5.54% and a net margin of 15.15%.

Coda Octopus Group Stock Down 1.1 %

Shares of NASDAQ CODA traded down $0.08 during mid-day trading on Wednesday, hitting $7.04. 20,240 shares of the company traded hands, compared to its average volume of 23,528. Coda Octopus Group has a 1 year low of $5.21 and a 1 year high of $7.83. The stock has a market capitalization of $78.67 million, a price-to-earnings ratio of 28.48 and a beta of 0.54. The business has a 50 day moving average of $7.03 and a two-hundred day moving average of $6.52.

About Coda Octopus Group

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.