Eightco (NASDAQ:OCTO) Trading Down 3.7% – Should You Sell?

Eightco Holdings Inc. (NASDAQ:OCTOGet Free Report) was down 3.7% on Tuesday . The company traded as low as $1.81 and last traded at $1.82. 14,532 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 516,722 shares. The stock had previously closed at $1.89.

Eightco Price Performance

The company’s 50-day simple moving average is $2.04 and its 200-day simple moving average is $2.15. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.35 and a quick ratio of 0.22.

Eightco Company Profile

(Get Free Report)

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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