Coda Octopus Group, Inc. (NASDAQ:CODA) Shares Bought by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC lifted its stake in shares of Coda Octopus Group, Inc. (NASDAQ:CODA) by 3.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 244,490 shares of the company’s stock after purchasing an additional 8,948 shares during the quarter. Rice Hall James & Associates LLC owned about 2.19% of Coda Octopus Group worth $1,473,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Victory Capital Management Inc. bought a new position in Coda Octopus Group during the 4th quarter worth $58,000. Institutional investors and hedge funds own 20.12% of the company’s stock.

Coda Octopus Group Price Performance

Shares of NASDAQ CODA opened at $6.83 on Thursday. Coda Octopus Group, Inc. has a 1-year low of $5.21 and a 1-year high of $7.83. The firm has a market capitalization of $76.36 million, a PE ratio of 27.32 and a beta of 0.54. The business’s fifty day moving average price is $6.94 and its two-hundred day moving average price is $6.47.

Coda Octopus Group (NASDAQ:CODA) last released its quarterly earnings data on Wednesday, June 12th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $5.32 million for the quarter. Coda Octopus Group had a net margin of 15.15% and a return on equity of 5.54%.

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.