Eightco Holdings Inc (NASDAQ:OCTO) price on Wednesday, April 30, rose 2.29% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.34.
A look at the stock’s price movement, the close in the last trading session was $1.31, moving within a range at $1.29 and $1.6. The beta value (5-Year monthly) was 1.523 while the PE ratio in trailing twelve months stood at 1.70. Turning to its 52-week performance, $4.86 and $0.98 were the 52-week high and 52-week low respectively. Overall, OCTO moved 25.23% over the past month.
Eightco Holdings Inc’s market cap currently stands at around $4.08 million, with investors looking forward to this quarter’s earnings report slated for in June.
Turning to the stock’s technical picture we see that short term indicators suggest on average that OCTO is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
OCTO’s current price about 21.39% and 10.62% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 66.21, while 7-day volatility ratio is 11.29% and 8.80% in the 30-day chart. Further, Eightco Holdings Inc (OCTO) has a beta value of 1.42, and an average true range (ATR) of 0.11.
If we refocus on Eightco Holdings Inc (NASDAQ:OCTO), historical trading data shows that trading volumes averaged 0.25 over the past 10 days and 39.78K over the past 3 months. The company’s latest data on shares outstanding shows there are 2.48 million shares.
The 18.83% of Eightco Holdings Inc’s shares are in the hands of company insiders while institutional holders own 1.52% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 27281.0 on 2025-04-15, giving us a short ratio of 0.97. The data shows that as of 2025-04-15 short interest in Eightco Holdings Inc (OCTO) stood at 98.0 of shares outstanding, with shares short falling to 37137.0 registered in 2025-03-14. Current price change has pushed the stock -38.81% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the OCTO stock continues to rise going into the next quarter.
