Coda Octopus Group (NASDAQ:CODA) Releases Quarterly Earnings Results

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

Coda Octopus Group Stock Performance

CODA opened at $6.68 on Tuesday. The company’s 50 day simple moving average is $7.82 and its 200 day simple moving average is $8.04. Coda Octopus Group has a 1 year low of $5.50 and a 1 year high of $9.89. The stock has a market capitalization of $74.94 million, a PE ratio of 20.24 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.