The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows 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 / 61
Overall Ranking
220 / 4616
Industry
Electronic Equipment & Parts
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Buy
Current Rating
11.000
Target Price
+16.90%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Coda Octopus Group Inc Highlights
StrengthsRisks
Coda Octopus Group, Inc. is a supplier to the underwater/subsea market. The Company operates through two business: marine technology business and marine engineering business. Its marine technology business provides technology solution to the subsea and underwater market. It owns technology comprising its real time volumetric imaging sonar technology (Echoscope technology) and diving technology (DAVD or Diver Augmented Vision Display), both of which are applicable to the underwater defense and commercial markets. Its imaging sonar technology products and solutions are marketed under the name of Echoscope and Echoscope PIPE. Its diving technology is marketed under the name of CodaOctopus DAVD. The Company's marine engineering business supplies embedded solutions and sub-assemblies, which it designs and manufactures and sells into integrated defense systems. The marine engineering business model entails designing sub-assembly prototypes, which are utilized in broader defense programs.
Growing
The company is in a growing phase, with the latest annual income totaling USD 20.32M.
Overvalued
The company’s latest PB is 1.79, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 1.51M shares, decreasing 32.11% quarter-over-quarter.
Coda Octopus Group, Inc. is a supplier to the underwater/subsea market. The Company operates through two business: marine technology business and marine engineering business. Its marine technology business provides technology solution to the subsea and underwater market. It owns technology comprising its real time volumetric imaging sonar technology (Echoscope technology) and diving technology (DAVD or Diver Augmented Vision Display), both of which are applicable to the underwater defense and commercial markets. Its imaging sonar technology products and solutions are marketed under the name of Echoscope and Echoscope PIPE. Its diving technology is marketed under the name of CodaOctopus DAVD. The Company's marine engineering business supplies embedded solutions and sub-assemblies, which it designs and manufactures and sells into integrated defense systems. The marine engineering business model entails designing sub-assembly prototypes, which are utilized in broader defense programs.