Geode Capital Management LLC Buys New Position in Eightco Holdings Inc. (NASDAQ:OCTO)

Geode Capital Management LLC purchased a new position in shares of Eightco Holdings Inc. (NASDAQ:OCTO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 13,828 shares of the company’s stock, valued at approximately $30,000. Geode Capital Management LLC owned about 0.57% of Eightco at the end of the most recent reporting period.

Eightco Stock Performance

NASDAQ:OCTO opened at $1.38 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.35 and a quick ratio of 0.22. The firm has a 50 day simple moving average of $1.16 and a 200-day simple moving average of $1.56. Eightco Holdings Inc. has a 1-year low of $0.98 and a 1-year high of $4.86.

About Eightco

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.