Eightco Holdings Inc OCTO
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $2.73
- Day Range
- $2.38–2.66
- 52-Week Range
- $1.26–4.86
- Bid/Ask
- $2.32 / $2.43
- Market Cap
- $4.18 Mil
- Volume/Avg
- 1,859 / 1.7 Mil
Key Statistics
- Price/Earnings (Normalized)
- 2.18
- Price/Sales
- 0.05
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Eightco Holdings Inc operates in three main businesses: Forever 8 Inventory Cash Flow Solution, Web3 Business, and Packaging Business. Forever 8 focuses on purchasing inventory for e-commerce retailers and is part of its Inventory Solution Business. Web3 Business but has no intention of continuing this business at this time. The Packaging Business manufactures and sells custom packaging for a wide variety of products and helps customers generate brand awareness and promote brand image through packaging. The Company’s two reportable segments were the Inventory Management Solutions segment and the Corrugated segment. Key revenue is generated from Inventory Management Solutions segment.
- Sector
- Consumer Cyclical
- Industry
- Packaging & Containers
- Stock Style Box
- Small Value
- Total Number of Employees
- 22
- Website
- https://www.8co.holdings
Valuation
|
Metric
|
OCTO
|
|---|---|
Price/Earnings (Normalized) | 2.18 |
Price/Book Value | 0.30 |
Price/Sales | 0.05 |
Price/Cash Flow | — |
Price/Earnings
OCTO
Financial Strength
|
Metric
|
OCTO
|
|---|---|
Quick Ratio | 0.10 |
Current Ratio | 0.32 |
Interest Coverage | 0.62 |
Quick Ratio
OCTO
Profitability
|
Metric
|
OCTO
|
|---|---|
Return on Assets (Normalized) | −24.39% |
Return on Equity (Normalized) | −284.21% |
Return on Invested Capital (Normalized) | −13.01% |
Return on Assets
OCTO
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1-Day Chart
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United States