CODAN LIMITED (CDA)

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AI Coverage Rating: Low

ASX AI Signals has generated 0 signals for CDA during the last 90 days, indicating low trading activity

CDA Share Price
Current Price	$44.000
52 Week High	$44.350
52 Week Low:	$18.317
Trading at (% of 52 Week High)	99.21%

Business Overview

Codan Limited (ASX: CDA) is an Australian company that designs and manufactures communications, metal detection, and mining technology products. It serves customers in sectors such as defense, humanitarian, commercial, and exploration markets globally. The company is known for its high-quality radio communication and metal detection equipment.

ASX Sector Overview

Sector:   Technology Hardware & Equipment

The Technology Hardware & Equipment sector on the ASX includes companies that design, manufacture, and sell physical technology products. This sector covers a range of items such as computers, telecommunications equipment, electronic components, and related hardware. These businesses support various industries by providing essential tools and infrastructure for technology operations. The sector is influenced by innovation, technological advancement, and customer demand for new and improved hardware solutions.

Latest AI Recommendation

The BUY recommendation for Codan Ltd (CDA) is supported by strong recent financial performance and positive industry outlook, though some market volatility and sector-specific risks remain.

Latest  CODAN LIMITED(CDA)   News

17 Jan 2024, 10:15 AM

Are Investors Undervaluing Codan Limited (ASX:CDA) By 30%?

Key Insights The projected fair value for Codan is AU$12.08 based on 2 Stage Free Cash Flow to Equity Current share price of AU$8.46 suggests Codan is potentially 30% undervalued Our fair value estimate is 37% higher than Codan's analyst price target of AU$8.81 How far off is Codan Limited (ASX:CD

25 Dec 2023, 11:17 AM

When Should You Buy Codan Limited (ASX:CDA)?

While Codan Limited (ASX:CDA) might not have the largest market cap around , it received a lot of attention from a substantial price movement on the ASX over the last few months, increasing to AU$9.09 at one point, and dropping to the lows of AU$7.73. Some share price movements can give investors a

04 Dec 2023, 09:01 AM

Codan Insiders Placed Bullish Bets Worth AU$11.6m

Quite a few insiders have dramatically grown their holdings in Codan Limited (ASX:CDA) over the past 12 months. An insider's optimism about the company's prospects is a positive sign. While insider transactions are not the most important thing when it comes to long-term investing, we would consider

06 Nov 2023, 09:11 AM

Insiders hold 45% of Codan Limited (ASX:CDA), and they've been buying recently

Key Insights Significant insider control over Codan implies vested interests in company growth The top 10 shareholders own 50% of the company Insiders have bought recently Every investor in Codan Limited (ASX:CDA) should be aware of the most powerful shareholder groups. We can see that individual

04 Oct 2023, 04:43 PM

Codan's (ASX:CDA) investors will be pleased with their stellar 186% return over the last five years

When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For instance, the price of Codan Limited (ASX:CDA) stock is up an impressive 149% over the last five years.