Eightco (NASDAQ:ORBS) Rating Lowered to Sell at Wall Street Zen

Eightco (NASDAQ:ORBS) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Friday.

Eightco Trading Down 11.9%

ORBS stock opened at $2.75 on Friday. The firm has a market capitalization of $544.03 million, a PE ratio of -1.95 and a beta of 2.17. Eightco has a 12 month low of $0.98 and a 12 month high of $83.12.

Eightco Company Profile

Eightco Holdings Inc provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.