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 $6.00, down 1.32% from the previous day, and has decreased 25.19% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.25 percentage points. Coda Octopus Group stock is currently +15.16% from its 52-week low of $5.21, and -45.9% from its 52-week high of $11.09.
There are currently 11.17M shares of CODA outstanding. The market cap of CODA is $67.04M. In the last 24 hours, 16,591 CODA shares were traded.
How to Buy Coda Octopus Group Stock
Not sure how to invest in Coda Octopus Group stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your payment method and add your details.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
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Open eToro AccountStep 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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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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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.
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 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 28.57x, relative to Aerospace & Defense industry P/E ratio of 24.14x
- CODA may be undervalued based on its P/B ratio of 1.34x, relative to Aerospace & Defense industry P/B ratio of 5.28x
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 $1.11M 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 $2.84M 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 20.4% to 12.9% in the past year.
Metrics for Advanced CODA Traders
CODA Performance Numbers
Last year, CODA earnings were $2.36M. Over the last 5 year, CODA's earnings have increased by -19.21% per year. This was slower than the Aerospace & Defense industry average of -0.1%.
Last year, CODA revenue was $18.22M. In the past five year, CODA's revenue has increased by -2.55% per year. This was slower than the Aerospace & Defense industry average of 7.71%.
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
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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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.
Click the Open Trade button and eToro will place the order.
If you require more info about buying stocks on eToro, watch the how to video below:
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:
- Figure out where to buy Coda Octopus Group stock
- Create a brokerage account
- Deposit money your brokerage account
- Evaluate Coda Octopus Group stock
- Make your CODA buy order
- Get the latest news on your investment in CODA
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Coda Octopus Group, add CODA to your watchlist below.
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