Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -34.08%. However, over the last six months, the performance has been stronger by -25.59%. The price of OCTO increased 34.92% over the last 30 days. And in the last five days, it has surged by 32.60%.
The market performance of Eightco Holdings Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $4.86 on 09/25/24, while the lowest value for the same duration was $0.98 on 04/08/25.
52-week price history of OCTO Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Eightco Holdings Inc’s current trading price is -70.30% away from its 52-week high, while its distance from the 52-week low is 47.91%. The stock’s price range during this time has been between $0.98 and $4.86. The trading volume for the Consumer Cyclical sector company’s shares reached about 1.64 million for the day, which was higher than the average daily volume of 39780.0 over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Eightco Holdings Inc (OCTO) has experienced a quarterly decline of -5.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.40M and boasts a workforce of 23 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4599, with a change in price of -0.2641. Similarly, Eightco Holdings Inc recorded 356,629 in trading volume during the last 100 days, posting a change of -14.51%.
OCTO’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for OCTO stands at 2.63. Similarly, the long-term debt-to-equity ratio is also 0.80.
OCTO Stock Stochastic Average
Today, Eightco Holdings Inc’s raw stochastic average for the past 50 days stands at 64.68%, indicating a decline from the raw stochastic average of the last 20 days, which was 92.93%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 86.18% and 76.46% respectively.