Coda Octopus Group (NASDAQ:CODA) Announces Earnings Results

Coda Octopus Group (NASDAQ:CODA) released its quarterly earnings results on Monday. The company reported $0.08 EPS for the quarter, Zacks reports. Coda Octopus Group had a net margin of 17.95% and a return on equity of 7.04%. The business had revenue of $5.21 million for the quarter.

Coda Octopus Group Stock Performance

NASDAQ:CODA opened at $6.66 on Wednesday. Coda Octopus Group has a 52 week low of $5.50 and a 52 week high of $9.89. The firm has a market cap of $74.72 million, a price-to-earnings ratio of 20.18 and a beta of 0.60. The firm’s 50-day simple moving average is $7.78 and its 200 day simple moving average is $8.03.

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.