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How to Buy Coda Octopus Group Stock

Coda Octopus Group Inc

Coda Octopus Group, Inc. , together with its subsidiaries, develops and sells underwater technologies and equipment for 3D imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa.

Coda Octopus Group stock last closed at $5.96, down 4.79% from the previous day, and has decreased 30.05% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.46 percentage points. Coda Octopus Group stock is currently +14.4% from its 52-week low of $5.21, and -36.12% from its 52-week high of $9.33.

There are currently 11.18M shares of CODA outstanding. The market cap of CODA is $66.60M. In the last 24 hours, 36,547 CODA shares were traded.

How to Buy Coda Octopus Group Stock

Not sure how to invest in Coda Octopus Group stock? Here's how.
  1. Figure out where to buy Coda Octopus Group stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Coda Octopus Group stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your payment method and add your details.
  4. Evaluate Coda Octopus Group stock: The Coda Octopus Group ticker symbol is CODA. Is Coda Octopus Group stock a good investment? Should you buy shares of CODA? How do CODA's underlying business fundamentals look? Do top analysts think Coda Octopus Group is a good buy? Why has CODA's stock price moved recently? (Hint: Our stock research website can help you understand if CODA is a good stock to buy).
  5. Make your CODA buy order: Decide if you will purchase CODA shares at the current market price or use a limit order to buy CODA stock at a specific price.
  6. Get the latest news on your investment in CODA: Create a watchlist to important notifications about your position in Coda Octopus Group shares.

Step 1: Figure out where to buy Coda Octopus Group stock

You will need an online brokerage account to access the NASDAQ market and buy CODA shares.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal information so you can buy CODA stock today.

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Step 3: Deposit money your brokerage account

Now that you've filled out your info on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:

Watch the tutorial below to see the process of depositing money into your investment account.

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Step 4: Evaluate Coda Octopus Group stock

After you have chosen the best place to buy Coda Octopus Group stock, it's important to analyze their stock prior to buying, so you can understand the risk as well as the opportunity.

Coda Octopus Group Metrics

CODA Price
$5.96
1w %
-8.17%
1y %
-30.05%
5y %
-59.59%
P/E
23.84x
P/B
1.3x
P/S
3.65x
PEG
N/A
Revenue
$18.24M
Earnings
$2.76M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$66.60M
Next Earnings
N/A
Next Dividend
N/A

CODA Zen Score

WallStreetZen was built to help part-time investors perform better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on CODA's stock page.

Is CODA stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge CODA's true value.

Using relative valuations methods:

  • CODA may be overvalued based on its P/E ratio of 23.84x, relative to Aerospace & Defense industry P/E ratio of 22.23x
  • CODA may be undervalued based on its P/B ratio of 1.3x, relative to Aerospace & Defense industry P/B ratio of 5.52x

You can do more valuation analysis on CODA's stock here.

CODA Financial Health Summary

Positive Health Checks:

  • CODA has a low debt to equity ratio of 0.06.
  • CODA's operating cash flow of $1.40M allows it to safely service it's debt of $0.00.
  • There are more short-term assets than long-term liabilities on the CODA balance sheet.
  • CODA earnings of $3.46M is not enough to cover its interest payments.
  • Total CODA debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the CODA balance sheet.

Negative Health Checks:

  • CODA profit margin has gone down from 21.9% to 15.1% in the past year.

Metrics for Advanced CODA Traders

SMA10
6.38
SMA20
6.47
SMA50
6.52
SMA100
6.1
SMA200
6.22
MACD
-0.09
MACD Signal
-0.04
MACD Histogram
-0.05
RSI
33.32
Stochastic %K
14.63
Stochastic %D
15.83
StochRSI %K
0
StochRSI %D
8.12

CODA Performance Numbers

Last year, CODA earnings were $2.76M. Over the last 5 year, CODA's earnings have increased by -20.76% per year. This was slower than the Aerospace & Defense industry average of 1.72%.

Last year, CODA revenue was $18.24M. In the past five year, CODA's revenue has increased by -5.33% per year. This was slower than the Aerospace & Defense industry average of 7.88%.

Dig into CODA's earnings and revenue performance here.

What are CODA insiders up to?

Over the past year, insiders at CODA have sold more shares than they have bought.

Annmarie Gayle, Chairman CEO of CODA, was the latest CODA insider to buy. They bought $98,769.00 worth of CODA stock on Oct 6, 2023.

Learn more about who owns CODA shares here.

Can I get consistent income from CODA stock?

No, Coda Octopus Group doesn't provide an income stream by paying out dividends.

CODA Social Trading Data

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Step 5: Make your CODA buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.

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Step 6: Get the latest news on your investment in CODA

Now that you own some shares in CODA, you'll want to stay up-to-date on your investment.

Start a watchlist to get the latest updates about your CODA stock.

CODA Feed

How to Buy Stock in Coda Octopus Group

To summarize, here are the 6 steps to buy Coda Octopus Group stock:

  1. Figure out where to buy Coda Octopus Group stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Coda Octopus Group stock
  5. Make your CODA buy order
  6. Get the latest news on your investment in CODA

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your new investment in Coda Octopus Group, add CODA to your watchlist below.

NASDAQ: CODA
$5.96-0.30 (-4.79%)
Updated Jun 18, 2024
Open eToro Account
NASDAQ: CODA
$5.96-0.30 (-4.79%)
Updated Jun 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Coda Octopus Group share?

As of Jun 18, 2024, it costs $5.96 to buy one share of Coda Octopus Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.336 shares of CODA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Coda Octopus Group stock?

One way to place an order for Coda Octopus Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.