Coda Octopus Group (NASDAQ:CODA) Posts Earnings Results

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

Coda Octopus Group Stock Performance

Shares of Coda Octopus Group stock opened at $6.62 on Monday. The company’s 50-day moving average price is $7.85 and its 200-day moving average price is $8.04. Coda Octopus Group has a 12-month low of $5.50 and a 12-month high of $9.89. The company has a market cap of $74.27 million, a price-to-earnings ratio of 20.06 and a beta of 0.60.

Coda Octopus Group Company Profile

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.