Codan (ASX:CDA) Hits New 1-Year High at $4.09

Codan Limited (ASX:CDA)’s share price reached a new 52-week high during mid-day trading on Sunday . The stock traded as high as A$4.09 ($2.90) and last traded at A$3.95 ($2.80), with a volume of 69887 shares. The stock had previously closed at A$3.95 ($2.80).

The business has a fifty day moving average of A$3.62. The stock has a market capitalization of $707.65 million and a P/E ratio of 14.85.

About Codan (ASX:CDA)

Codan Limited develops rugged and electronics solutions for organizations, mining companies, security and military groups, and governments in Australia. The company operates through three segments: Communications Equipment, Metal Detection, and Tracking Solutions. It designs, develops, manufactures, and markets communications equipment for high frequency radios and land mobile radios (LMR).

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