Coda Octopus Group (NASDAQ:CODA) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

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

Coda Octopus Group Price Performance

Coda Octopus Group stock opened at $7.43 on Tuesday. The stock’s fifty day moving average is $6.98 and its two-hundred day moving average is $6.50. The stock has a market cap of $83.07 million, a PE ratio of 29.72 and a beta of 0.54. Coda Octopus Group has a 1-year low of $5.21 and a 1-year high of $7.83.

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.