Eightco Holdings Inc. (NASDAQ:OCTO – Get Free Report)’s share price was up 9.1% during mid-day trading on Tuesday . The stock traded as high as $1.82 and last traded at $1.79. Approximately 82,030 shares were traded during mid-day trading, an increase of 61% from the average daily volume of 51,070 shares. The stock had previously closed at $1.64.
Eightco Trading Up 9.1 %
The stock’s 50-day moving average is $1.80 and its 200 day moving average is $2.69. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.32 and a quick ratio of 0.13.
Eightco (NASDAQ:OCTO – Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($1.45) earnings per share (EPS) for the quarter. Eightco had a negative return on equity of 439.57% and a negative net margin of 0.39%. The firm had revenue of $7.02 million for the quarter.
Eightco Company Profile
Eightco Holdings Inc provides inventory management and corrugated custom packaging solutions in North America and Europe. It manufactures and sells custom packaging solutions for a various product; and provides and resells bitcoin mining equipment and co-location services. The company was formerly known as Cryptyde, Inc and changed its name to Eightco Holdings Inc in April 2023.
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