Coda Octopus Group Inc (NASDAQ: CODA) has reported E.P.S. of $0.06 for its first fiscal quarter (ending January 31) versus $0.13 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $0.21 versus $0.42 for the same period a year ago.
Recent Price Action
Coda Octopus Group Inc (NASDAQ: CODA) stock declined slightly by -0.2% on 3/18/24. The stock closed at $5.50. Moreover, exceptionally high trading volume at 203% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -2.5% during the last week.
Current PriceTarget Research Rating
CODA’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Coda Octopus Group has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Coda Octopus Group has a slightly negative Power Rating of 33 and a poor Appreciation Score of 27, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment