Eightco Holdings Inc (NASDAQ:OCTO) does about 77.95K shares in volume on a normal day but saw 28762249 shares change hands in the recent trading day. The company now has a market cap of 6.30M USD. Its current market price is $2.58, marking an increase of 61.25% compared to the previous close of $1.60. The 52 week high reached by this stock is $4.86 whilst the lowest price level in 52 weeks is $1.26.
Eightco Holdings Inc (OCTO) has a 20-day trading average at $1.6900 and the current price is -46.91% off the 52-week high compared with 104.84% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.8400 and its 200-day simple moving average is $2.4000. If we look at the stock’s price movements over the week, volatility stands at 15.19%, which decreases to 9.29% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 77.59 to suggest the stock is overbought.
The current price level is 52.73%, 40.04%, and 7.36% away from its SMA20, SMA50, and SMA200 respectively, with the OCTO price moving below the 50-day SMA on current market day. Eightco Holdings Inc (OCTO) stock is up 73.15% over the week and 36.51% over the past month. Its price is 0.39% year-to-date and -9.31% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 2.38M with insiders holding 16.55% of the shares and institutional holders owning 2.69% of the company’s common stock. The company has a return on investment of -13.20% and return on equity of -36.66%. The beta has a value of 1.80. Price to book ratio is 0.47 and price to sales ratio is 0.16.
