Coda Octopus Group is a holding company. Through its subsidiaries, Co. operates the Marine Technology Business and the Marine Engineering Business. Co.'s Marine Technology Business is a technology solution provider to the subsea and underwater market. Co.'s proprietary technology includes imaging sonar technology and diving technology. Co.'s solutions include: Geophysical Systems, Global Navigational Satellite System-Aided Navigation Systems, Real Time Volumetric Imaging Sonar, and Diver Augmented Vision Display System. Co.'s Marine Engineering Businesses are suppliers of embedded solutions and sub-assemblies which it designs and manufactures and sells into integrated defense systems. We show 30 historical shares outstanding datapoints in our CODA shares outstanding history coverage, used to compute CODA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CODA market cap history over the course of time is important for investors
interested in comparing CODA's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CODA versus a peer is one thing; comparing
CODA market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CODA can fluctuate over the course of history.
With this page we aim to empower investors researching CODA by allowing them to research the CODA market cap history. |
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Video: The Importance of Market Cap
