Coda Octopus Group, Inc.[CODA] stock saw a move by 45.83% on Thursday, touching 3.86 million. Based on the recent volume, Coda Octopus Group, Inc. stock traders appear to be active. The most recent trading volume of CODA shares recorded 10.32M shares, which represents the daily volume of traded shares. Analysts estimates state that Coda Octopus Group, Inc. [CODA] stock could reach median target price of $17.00.
Coda Octopus Group, Inc. [CODA] stock additionally went up by +41.88% in the period of the 7 days, recording a drop in performance by -4.52% in the last 30 days. The yearly more of CODA stock is set at 260.31% by far, with shares price recording returns by 60.54% in the latest quarter. Over the past six months, CODA shares showcased 136.00% increase. CODA saw -26.25% change opposing the low price in the last 12 months, also recording 316.47% compared to high within the same period of time.
Coda Octopus Group, Inc. [NASDAQ:CODA]: Analyst Rating and Earnings
Equities traders oftentimes stay updated on what leading stock market analysts say about a potential stock purchase. When it comes to Coda Octopus Group, Inc. [CODA], the most recently available average analyst rating is from the quarter that ends in October. On average, stock market experts give CODA an Outperform rating. Its stock price has been found in the range of 3.40 to 19.20. This is compared to its latest closing price of $9.71.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Coda Octopus Group, Inc. [CODA] is sitting at 2.00. This is compared to 1 month ago, when its average rating was 2.00.
For the quarter ending in Jan-19 Coda Octopus Group, Inc. [CODA] generated $0.01 billion in sales. That’s 4.01% higher than the average estimate of $0.01 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep looking out for the next-scheduled quarterly financial results that this company is expected to put out, which is slated to occur on Yesterday ).
Fundamental Analysis of Coda Octopus Group, Inc. [CODA]
Now let’s turn to look at profitability: with a current Operating Margin for Coda Octopus Group, Inc. [CODA] sitting at +18.37 and its Gross Margin at +70.27, this company’s Net Margin is now 30.90%. These measurements indicate that Coda Octopus Group, Inc. [CODA] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 13.65, and its Return on Invested Capital has reached 19.60%. Its Return on Equity is 26.11, and its Return on Assets is 18.90. These metrics all suggest that Coda Octopus Group, Inc. is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, Coda Octopus Group, Inc. [CODA] has generated a Total Debt to Total Equity ratio of 8.30. Similarly, its Total Debt to Total Capital is 7.66, while its Total Debt to Total Assets stands at 7.04. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 4.34, and its Long-Term Debt to Total Capital is 4.01. This company has a healthy balance between its debt and its current holdings, suggesting it is a reliable investment due to its ability to leverage debt in an efficient way.
What about valuation? This company’s Enterprise Value to EBITDA is 25.70 and its Total Debt to EBITDA Value is 0.50. The Enterprise Value to Sales for this firm is now 5.04, and its Total Debt to Enterprise Value stands at 0.04. Coda Octopus Group, Inc. [CODA] has a Price to Book Ratio of 2.65, a Price to Cash Flow Ratio of 25.25 and P/E Ratio of 17.84. These metrics show that this company has a mixed appeal, and ROI could be a gain or a loss.
Shifting the focus to workforce efficiency, Coda Octopus Group, Inc. [CODA] earns $156,691 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 3.28 and its Total Asset Turnover is 0.68. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 4.41 and its Current Ratio is 5.59. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Coda Octopus Group, Inc. [CODA] has 10.32M shares outstanding, amounting to a total market cap of $146.13M. Its stock price has been found in the range of 3.40 to 19.20. At its current price, it has moved down by -26.25% from its 52-week high, and it has moved up 316.47% from its 52-week low.
This stock’s Beta value is currently 1.89, which indicates that it is 11.88% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 59.70. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Coda Octopus Group, Inc. [CODA] a Reliable Buy?
Shares of Coda Octopus Group, Inc. [CODA], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.