Eightco Holdings Inc [NASDAQ: ORBS] stock went on an upward path that rose over 15.56% on Thursday, amounting to a one-week price decrease of less than -13.45%.
Over the last 12 months, ORBS stock rose by 473.06%.
The market cap for the stock reached $38.22 million, with 3.04 million shares outstanding and 1.14 million shares in the current float. Compared to the average trading volume of 5.13M shares, ORBS stock reached a trading volume of 15511244 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Eightco Holdings Inc [ORBS]:
The Price to Book ratio for the last quarter was 4.29, with the Price to Cash per share for the same quarter was set at 0.23.
ORBS Stock Performance Analysis:
Eightco Holdings Inc [ORBS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.45. With this latest performance, ORBS shares gained by 731.13% in over the last four-week period, additionally plugging by 1072.90% over the last 6 months – not to mention a rise of 473.06% in the past year of trading.
Insight into Eightco Holdings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Eightco Holdings Inc [ORBS] shares currently have an operating margin of -15.17% and a Gross Margin at 10.81%. Eightco Holdings Inc’s Net Margin is presently recorded at -23.22%.
Eightco Holdings Inc (ORBS) Capital Structure & Debt Analysis
According to recent financial data for Eightco Holdings Inc. ( ORBS), the Return on Equity (ROE) stands at -87.24%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -20.45%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Eightco Holdings Inc’s Return on Invested Capital (ROIC) is -50.42%, showcasing its effectiveness in deploying capital for earnings.
Eightco Holdings Inc (ORBS) Efficiency & Liquidity Metrics
Based on Eightco Holdings Inc’s (ORBS) latest financial statements, the Debt-to-Equity Ratio is 3.55%, indicating its reliance on debt financing relative to shareholder equity.
Eightco Holdings Inc (ORBS) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Eightco Holdings Inc. (ORBS) effectively leverages its workforce, generating an average of -$408695.65 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.30% and a Quick Ratio of 0.07%, indicating strong ability to cover short-term liabilities.
