Eightco (OCTO) Stock Price, News & Analysis

Company Overview

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. Eightco Holdings Inc. was incorporated in 1966 and is headquartered in Easton, Pennsylvania.

Key Stats

• Today's Range: $1.95 to $1.98
• 50-Day Range: $1.37 to $3.63
• 52-Week Range: $1.26 to $4.86
• Volume: 17,083 shs
• Average Volume: 95,622 shs
• Market Capitalization: $3.52 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

OCTO Stock Analysis - Frequently Asked Questions

How have OCTO shares performed this year?

Eightco's stock was trading at $2.57 at the beginning of 2024. Since then, OCTO stock has decreased by 23.0% and is now trading at $1.98.
View the best growth stocks for 2024 here.

How were Eightco's earnings last quarter?

Eightco Holdings Inc. (NASDAQ:OCTO) released its quarterly earnings data on Wednesday, August, 14th. The company reported ($1.45) earnings per share (EPS) for the quarter. The company had revenue of $7.02 million for the quarter. Eightco had a negative net margin of 0.39% and a negative trailing twelve-month return on equity of 439.57%.

When did Eightco's stock split?

Eightco's stock reverse split on the morning of Friday, August 16th 2024. The 1-5 reverse split was announced on Friday, August 16th 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, August 16th 2024. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

How do I buy shares of Eightco?

Shares of OCTO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Eightco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Eightco investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), AST SpaceMobile (ASTS), NIO (NIO), Bakkt (BKKT) and Virgin Galactic (SPCE).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 11/02/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Short-term business credit
• Sub-Industry: Banking
• Current Symbol: NASDAQ:OCTO
• CUSIP: N/A
• CIK: 1892492
• Web: www.cryptyde.com
• Phone: 888-765-8933
• Fax: N/A
• Employees: 35
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-68,320,000.00
• Net Margins: -0.39%
• Pretax Margin: -5.81%
• Return on Equity: -439.57%
• Return on Assets: -31.27%

Debt

• Debt-to-Equity Ratio: 0.67
• Current Ratio: 0.32
• Quick Ratio: 0.13

Sales & Book Value

• Annual Sales: $75.30 million
• Price / Sales: 0.05
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($4.62) per share
• Price / Book: -0.43

Miscellaneous

• Outstanding Shares: 1,780,000
• Free Float: 1,418,000
• Market Cap: $3.52 million
• Optionable: No Data
• Beta: 1.07