How to buy Coda Octopus Group stock | $8.94

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 110 staff and has a trailing 12-month revenue of around 0.00.

Coda Octopus Group stock price (NASDAQ: CODA)

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

Coda Octopus Group shares at a glance

• Key figures

Information last updated 2021-10-10.

Latest market close	$8.94
52-week range	$5.15 - $10.17
50-day moving average	$8.96
200-day moving average	$8.71
Wall St. target price	$14.00
PE ratio	16.3333
Dividend yield	N/A (0%)
Earnings per share (TTM)	$0.54

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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 $8.94 from 2021-10-14

1 week (2021-10-08)	1.36%
1 month (2021-09-16)	1.80%
3 months (2021-07-16)	8.94
6 months (2021-04-15)	7.71%

1 year (2020-10-15)	45.84%
2 years (2019-10-15)	15.80%
3 years (2018-10-15)	49.00%
5 years (2016-10-14)	6,473.53%

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 16x. In other words, Coda Octopus Group shares trade at around 16x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Coda Octopus Group's EBITDA

Coda Octopus Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5.1 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	$20.9 million
Operating margin TTM	19.57%
Gross profit TTM	$12.7 million
Return on assets TTM	6.27%
Return on equity TTM	16.4%
Profit margin	29.13%
Book value	$3.77
Market capitalisation	$95.8 million

TTM: trailing 12 months

Shorting Coda Octopus Group shares

There are currently 224,009 Coda Octopus Group shares held short by investors – that's known as Coda Octopus Group's "short interest". This figure is 2.6% down from 230,047 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 13742.883435583). Coda Octopus Group's SIR currently stands at 16.3. In other words for every 100,000 Coda Octopus Group shares traded daily on the market, roughly 16300 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 0.02% of the outstanding shares (for every 100,000 Coda Octopus Group shares in existence, roughly 20 shares are currently held short) or 0.0443% of the tradable shares (for every 100,000 tradable Coda Octopus Group shares, roughly 44 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 10 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 $5.15 up to $10.17. A popular way to gauge a stock's volatility is its "beta".

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 1.5587. 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.

Frequently asked questions

What percentage of Coda Octopus Group is owned by insiders or institutions?
Currently 59.013% of Coda Octopus Group shares are held by insiders and 17.7% by institutions. How many people work for Coda Octopus Group?
Latest data suggests 110 work at Coda Octopus Group. When does the fiscal year end for Coda Octopus Group?
Coda Octopus Group's fiscal year ends in October. Where is Coda Octopus Group based?
Coda Octopus Group's address is: 3300 South Hiawassee Road, Orlando, FL, United States, 32835-6350 What is Coda Octopus Group's ISIN number?
Coda Octopus Group's international securities identification number is: US19188U2069 What is Coda Octopus Group's CUSIP number?
Coda Octopus Group's Committee on Uniform Securities Identification Procedures number is: 19188U107