Coda Octopus Group Inc. (NASDAQ:CODA) Relative Strength Index (RSI) is 64.92, with weekly volatility at 8.41% and ATR at 0.57. The CODA stock’s 52-week price range has touched low of $4.26 and a $8.75 high. Intraday shares traded counted 95071.0, which was -117.01% lower than its 30-day average trading volume of 43.81K. Its shares traded higher over the last trading session, gaining 2.72% on 02/12/21. The shares fell to a low of $8.00 before closing at $8.31. CODA’s previous close was $8.09 while the outstanding shares total 10.75M. The firm has a beta of 1.68, a 12-month trailing P/E ratio of 27.61.
Investors have identified the Aerospace & Defense company Coda Octopus Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $87.01 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Coda Octopus Group Inc. (CODA) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 27.69 million total, with 3.38 million as their total liabilities.
Is the stock of CODA attractive?
In related news, CHIEF FINANCIAL OFFICER, Midgley Michael sold 7,105 shares of the company’s stock in a transaction that recorded on Nov 25. The sale was performed at an average price of 5.90, for a total value of 41,920. As the sale deal closes, the CHIEF FINANCIAL OFFICER, Midgley Michael now sold 38 shares of the company’s stock, valued at 224. Also, Director, HAMILTON MICHAEL J. sold 2,010 shares of the company’s stock in a deal that was recorded on Nov 18. The shares were price at an average price of 5.55 per share, with a total market value of 11,156. Following this completion of acquisition, the Director, HAMILTON MICHAEL J. now holds 3,990 shares of the company’s stock, valued at 21,386. In the last 6 months, insiders have changed their ownership in shares of company stock by 58.22%.