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How to buy Coda Octopus Group stock | $6.2001

Own Coda Octopus Group stock in just a few minutes.

Fact checked

Coda Octopus Group, Inc is an aerospace & defense business based in the US. Coda Octopus Group shares (CODA) are listed on the NASDAQ and all prices are listed in US Dollars. Coda Octopus Group employs 120 staff and has a trailing 12-month revenue of around USD$21.2 million.

How to buy shares in Coda Octopus Group

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Coda Octopus Group. Find the stock by name or ticker symbol: CODA. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Coda Octopus Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$6.2001, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Coda Octopus Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Coda Octopus Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Coda Octopus Group share price

Use our graph to track the performance of CODA stocks over time.

Coda Octopus Group shares at a glance

Information last updated 2020-12-26.
Latest market closeUSD$6.2001
52-week rangeUSD$4.26 - USD$8.9
50-day moving average USD$5.8939
200-day moving average USD$5.7533
Wall St. target priceUSD$11
PE ratio 28.2938
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.211

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Coda Octopus Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Coda Octopus Group price performance over time

Historical closes compared with the close of $6.2001 from 2021-01-11

1 week (2021-01-07) -0.96%
1 month (2020-12-17) -3.58%
3 months (2020-10-16) 4.20%
6 months (2020-07-17) 12.12%
1 year (2020-01-17) -24.48%
2 years (2019-01-17) 7.27%
3 years (2018-01-17) 32.76%
5 years (2016-01-15) 6,426.42%

Is Coda Octopus Group under- or over-valued?

Valuing Coda Octopus Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Coda Octopus Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Coda Octopus Group's P/E ratio

Coda Octopus Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Coda Octopus Group shares trade at around 28x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).

Coda Octopus Group's EBITDA

Coda Octopus Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$3.8 million.

The EBITDA is a measure of a Coda Octopus Group's overall financial performance and is widely used to measure a its profitability.

Coda Octopus Group financials

Revenue TTM USD$21.2 million
Operating margin TTM 13.87%
Gross profit TTM USD$16.4 million
Return on assets TTM 5.21%
Return on equity TTM 7.52%
Profit margin 11.04%
Book value $3.104
Market capitalisation USD$64.2 million

TTM: trailing 12 months

Shorting Coda Octopus Group shares

There are currently 391,046 Coda Octopus Group shares held short by investors – that's known as Coda Octopus Group's "short interest". This figure is 2.4% down from 400,543 last month.

There are a few different ways that this level of interest in shorting Coda Octopus Group shares can be evaluated.

Coda Octopus Group's "short interest ratio" (SIR)

Coda Octopus Group's "short interest ratio" (SIR) is the quantity of Coda Octopus Group shares currently shorted divided by the average quantity of Coda Octopus Group shares traded daily (recently around 22117.986425339). Coda Octopus Group's SIR currently stands at 17.68. In other words for every 100,000 Coda Octopus Group shares traded daily on the market, roughly 17680 shares are currently held short.

However Coda Octopus Group's short interest can also be evaluated against the total number of Coda Octopus Group shares, or, against the total number of tradable Coda Octopus Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Coda Octopus Group's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Coda Octopus Group shares in existence, roughly 40 shares are currently held short) or 0.0543% of the tradable shares (for every 100,000 tradable Coda Octopus Group shares, roughly 54 shares are currently held short).

A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Coda Octopus Group.

Find out more about how you can short Coda Octopus Group stock.

Coda Octopus Group share dividends

We're not expecting Coda Octopus Group to pay a dividend over the next 12 months.

Have Coda Octopus Group's shares ever split?

Coda Octopus Group's shares were split on a 1:14 basis on 11 January 2017. So if you had owned 14 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Coda Octopus Group shares – just the quantity. However, indirectly, the new 1300% higher share price could have impacted the market appetite for Coda Octopus Group shares which in turn could have impacted Coda Octopus Group's share price.

Coda Octopus Group share price volatility

Over the last 12 months, Coda Octopus Group's shares have ranged in value from as little as $4.26 up to $8.9. A popular way to gauge a stock's volatility is its "beta".

CODA.US volatility(beta: 1.54)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Coda Octopus Group's is 1.5396. This would suggest that Coda Octopus Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Coda Octopus Group overview

Coda Octopus Group, Inc., together with its subsidiaries, develops and sells underwater technologies and equipment for 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. It offers CodaOctopus GeoSurvey data acquisition and interpretation software; acquisition products, such as hardware and software solutions for field acquisition of sidescan sonar and sub-bottom profiler; and CodaOctopus GeoSurvey productivity suite of software that automates the tasks of analyzing, annotating, and mosaicing complex data sets. The company also provides motion sensing products, which include Octopus F180 and F170 products that bring accurate positioning and motion data into offshore conditions for marine survey applications. In addition, it offers CodaOctopus underwater inspection system; 3D MATT, a multiple automatic target tracking solution used for diver tracking; and Echoscope and construction monitoring software used for tracking and placement of single layer armor blocks used in breakwater construction; and 4G Underwater Survey Explorer that provides real-time visualization and automation processing for sonar software. Further, the company provides engineering services and embedded solutions, such as mission computers to prime defense contractors; and Thermite rugged visual computers, subsea telemetry and data acquisition systems, rugged workstations, analog-to-digital converters, and rugged LCD displays. It markets its products under the CodaOctopus brand name. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.

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