Eightco Holdings Inc. (NASDAQ:OCTO – Get Free Report) shares traded up 2.3% during mid-day trading on Wednesday . The stock traded as high as $0.49 and last traded at $0.47. 36,951 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 221,099 shares. The stock had previously closed at $0.46.
Eightco Trading Up 2.3 %
The company has a quick ratio of 0.13, a current ratio of 0.29 and a debt-to-equity ratio of 4.13. The company has a 50 day simple moving average of $0.57 and a 200-day simple moving average of $0.62.
Eightco (NASDAQ:OCTO – Get Free Report) last issued its quarterly earnings results on Wednesday, May 15th. The company reported ($0.61) earnings per share (EPS) for the quarter. Eightco had a negative net margin of 19.59% and a negative return on equity of 916.25%. The business had revenue of $9.62 million during 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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