Rice Hall James & Associates LLC Grows Holdings in Coda Octopus Group, Inc. (NASDAQ:CODA)

Rice Hall James & Associates LLC increased its position in Coda Octopus Group, Inc. (NASDAQ:CODA) by 25.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 307,388 shares of the company’s stock after buying an additional 62,898 shares during the quarter. Rice Hall James & Associates LLC’s holdings in Coda Octopus Group were worth $2,229,000 as of its most recent filing with the Securities and Exchange Commission.

Coda Octopus Group Trading Down 0.2 %

Coda Octopus Group stock opened at $8.51 on Friday. The firm has a 50 day moving average of $7.66 and a 200 day moving average of $6.98. The firm has a market capitalization of $95.27 million, a price-to-earnings ratio of 31.52 and a beta of 0.54. Coda Octopus Group, Inc. has a 12-month low of $5.21 and a 12-month high of $9.03.

Coda Octopus Group (NASDAQ:CODA) last released its earnings results on Monday, September 16th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. Coda Octopus Group had a net margin of 15.93% and a return on equity of 5.93%. The company had revenue of $5.48 million during the quarter.

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.