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 $6.70, down 2.9% from the previous day, and has increased 0.75% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.14 percentage points. Coda Octopus Group stock is currently +16.32% from its 52-week low of $5.76, and -32.25% from its 52-week high of $9.89.
There are currently 11.23M shares of CODA outstanding. The market cap of CODA is $75.24M. In the last 24 hours, 7460 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.
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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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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 Due Diligence 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 undervalued based on its P/E ratio of 19.14x, relative to Aerospace & Defense industry P/E ratio of 41.32x
- CODA may be undervalued based on its P/B ratio of 1.42x, relative to Aerospace & Defense industry P/B ratio of 5.9x
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 0.07.
- CODA earnings of $4.76M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the CODA balance sheet.
- CODA profit margin has gone up from 12.9% to 18.7% in the past year.
- CODA's operating cash flow of $3.39M allows it to safely service it's debt of $392.45k.
- There are more short-term assets than short-term liabilities on the CODA balance sheet.
- Total CODA debt is lower than 5 years ago, relative to shareholder equity.
Is it a good time to buy CODA stock, according to Wall Street analysts?
Out of 1 sell side analysts who give ratings on CODA, the consensus analyst rating on Coda Octopus Group is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Coda Octopus Group stock forecast page.
CODA Technicals
CODA Earnings
Last year, CODA earnings were $3.93M. Over the past 5 year, CODA's earnings have grown by -6.89% per year. This was slower than the Aerospace & Defense industry average of 17.26%.
Last year, CODA revenue was $21.06M. In the past five year, CODA's revenue has gone up by -4.11% per year. This was slower than the Aerospace & Defense industry average of 8.48%.
Find out more about CODA's earnings and revenue performance here.
What are CODA executives and large shareholders up to?
Over the last year, executives and large shareholders at CODA have not bought or sold any shares.
Learn more about who owns CODA stock here.
Does CODA stock generate passive income?
No, Coda Octopus Group doesn't provide an income stream by paying out dividends.
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Step 5: Make your CODA buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Press the Open button and eToro will execute the order.
If you need more help buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your investment in CODA
Now that you own some CODA shares, you'll want to stay up-to-date on your company.
Put CODA on a watchlist to get alerted to the latest events 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 require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your new investment in Coda Octopus Group, click the button below.
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