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

Coda Octopus Group (NASDAQ:CODA) announced 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. Coda Octopus Group had a return on equity of 5.54% and a net margin of 15.15%. The firm had revenue of $5.48 million for the quarter.

Coda Octopus Group Price Performance

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

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.