Coda Octopus Group, Inc. (CODA) Major Shareholder Manor N.V. Forest Purchases 2,777 Shares

Coda Octopus Group, Inc. (NASDAQ:CODA) major shareholder Manor N.V. Forest purchased 2,777 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was bought at an average cost of $4.61 per share, for a total transaction of $12,801.97. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Coda Octopus Group, Inc. (NASDAQ:CODA) traded down $0.15 during mid-day trading on Tuesday, hitting $4.79. The stock had a trading volume of 63,240 shares, compared to its average volume of 26,551. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.82 and a current ratio of 3.71. The firm has a market cap of $48.95, a P/E ratio of 13.72 and a beta of 2.03. Coda Octopus Group, Inc. has a one year low of $3.80 and a one year high of $7.00.

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About Coda Octopus Group

Coda Octopus Group, Inc designs and manufactures real time three-dimensional (3D) sonar solutions and other products for sale to the subsea, defense, mining and marine sciences markets, among others. In addition, the Company supplies, through its marine engineering businesses, services to prime defense contractors.

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