Eightco Holdings Inc. (NASDAQ:OCTO) currently has a daily average trading volume of 544.06K but it saw 1016095 shares traded on Thursday. With a market cap of 3.99M USD, stock’s current market price of $1.88 came rising about 2.17 while comparing to the previous closing price of $1.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $442.00 and as low as $1.61. In the recent trading on the day, stock has struck highest price mark of $2.10 while lowest mark touched by it was $1.72.
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Taking a look at 20-day trading activity of Eightco Holdings Inc. (OCTO) gives us an average price of $2.0625, while its current price level is -99.57% below from 52-week high level whereas it is 16.92% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.8459 while that of 200 days or SMA-200 reads an average of $18.3631. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.55% during that period while stretching the period over a month that increases to 12.17%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 35.89 which implies that the stock is in neutral territory.
Data by FactSet Research shows that 0 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 0 advised them to Hold.
Over the week, OCTO’s stock price is moving -1.05% down while it is -14.93% when we observe its performance for the past one month. Year-to-date it is -80.39% down and over the past year.
Currently, Eightco Holdings Inc.’s total number of outstanding shares is 2.37M with 1.10% of that held by the insiders while 3.97% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -37.70% and return on equity (ROE) at -694.30%. Stock has a price to book (P/B) ratio of 0.20 while price to sale or P/S ratio amounts to 0.13. Its return on asset (ROA) is -127.60% on average.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Russell 2000 Growth ETF came shrinking its share ownership by -0.12% in the Eightco Holdings Inc. (OCTO) decreasing its stake to 3.30% with control over 83.0 shares in the company. As per SEC documents, iShares Russell 2000 Growth ETF shunned 68,395 of company’s common stock of worth $0.13 million as per recent closing price of the stock. iShares Russell 2000 Growth ETF is not the only institutional holder which restructured its stake in Eightco Holdings Inc., as iShares Russell 2000 Value ETF dumped 26,731 shares of worth $51056.0 to bring its holdings to a total of 51.0 shares. In the most recent quarter, iShares Russell 2000 ETF came cutting its stake by -1.07% in the company and now holds 7420.0 or 0.36% of the company’s stake having worth of about 14172.0.
