Coda Octopus Group Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 33 out of 58 in the Electronic Equipment & Parts industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 11.00.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Coda Octopus Group Inc's Score
Industry at a Glance
Industry Ranking
33 / 58
Overall Ranking
218 / 4521
Industry
Electronic Equipment & Parts
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Coda Octopus Group Inc Highlights
StrengthsRisks
Coda Octopus Group, Inc. is a supplier to the underwater/subsea market. It operates through two businesses: Marine technology business and Marine engineering business. Its marine technology business provides technology solutions for the subsea and underwater market. Its marine engineering business supplies embedded solutions and sub-assemblies which it designs and manufactures and sells as an integrated defense system. It supplies a range of hardware and software solutions to this market which includes key proprietary real time 4D/5D/6D imaging sonars, marketed under the name Echoscope and Echoscope PIPE, addressing the underwater imaging sensor market, along with Diver Augmented Vision Display (DAVD) system technology. The Company’s Echoscope PIPE sonar generates real-time 3D/4D/5D images of moving objects underwater including in zero visibility water conditions. Its Echoscope technology is used in both the commercial offshore market and the defense underwater market applications.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 37.26% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 26.56M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 26.56M.
Overvalued
The company’s latest PB is 2.22, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 1.56M shares, decreasing 0.03% quarter-over-quarter.
Coda Octopus Group, Inc. is a supplier to the underwater/subsea market. It operates through two businesses: Marine technology business and Marine engineering business. Its marine technology business provides technology solutions for the subsea and underwater market. Its marine engineering business supplies embedded solutions and sub-assemblies which it designs and manufactures and sells as an integrated defense system. It supplies a range of hardware and software solutions to this market which includes key proprietary real time 4D/5D/6D imaging sonars, marketed under the name Echoscope and Echoscope PIPE, addressing the underwater imaging sensor market, along with Diver Augmented Vision Display (DAVD) system technology. The Company’s Echoscope PIPE sonar generates real-time 3D/4D/5D images of moving objects underwater including in zero visibility water conditions. Its Echoscope technology is used in both the commercial offshore market and the defense underwater market applications.