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KRT
Price
$30.32
Change
+$0.72 (+2.43%)
Updated
Nov 22, 02:55 PM (EDT)
111 days until earnings call
OCTO
Price
$1.74
Change
+$0.12 (+7.41%)
Updated
Nov 22, 03:08 PM (EDT)
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KRT vs OCTO

Header iconKRT vs OCTO Comparison
Open Charts KRT vs OCTOBanner chart's image
Karat Packaging
Price$30.32
Change+$0.72 (+2.43%)
Volume$100
CapitalizationN/A
Eightco Holdings
Price$1.74
Change+$0.12 (+7.41%)
Volume$100
CapitalizationN/A
KRT vs OCTO Comparison Chart
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KRT
Daily Signalchanged days ago
Gain/Loss if shorted
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OCTO
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
KRT vs. OCTO commentary
Nov 22, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is KRT is a StrongBuy and OCTO is a Hold.

COMPARISON
Comparison
Nov 22, 2024
Stock price -- (KRT: $29.60 vs. OCTO: $1.62)
Brand notoriety: KRT and OCTO are both not notable
Both companies represent the Containers/Packaging industry
Current volume relative to the 65-day Moving Average: KRT: 198% vs. OCTO: 2%
Market capitalization -- KRT: $571.4M vs. OCTO: $3.74M
KRT [@Containers/Packaging] is valued at $571.4M. OCTO’s [@Containers/Packaging] market capitalization is $3.74M. The market cap for tickers in the [@Containers/Packaging] industry ranges from $66.8B to $0. The average market capitalization across the [@Containers/Packaging] industry is $4.58B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

KRT’s FA Score shows that 2 FA rating(s) are green whileOCTO’s FA Score has 1 green FA rating(s).

  • KRT’s FA Score: 2 green, 3 red.
  • OCTO’s FA Score: 1 green, 4 red.
According to our system of comparison, KRT is a better buy in the long-term than OCTO.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

KRT’s TA Score shows that 5 TA indicator(s) are bullish while OCTO’s TA Score has 4 bullish TA indicator(s).

  • KRT’s TA Score: 5 bullish, 4 bearish.
  • OCTO’s TA Score: 4 bullish, 6 bearish.
According to our system of comparison, KRT is a better buy in the short-term than OCTO.

Price Growth

KRT (@Containers/Packaging) experienced а -0.87% price change this week, while OCTO (@Containers/Packaging) price change was -15.62% for the same time period.

The average weekly price growth across all stocks in the @Containers/Packaging industry was +1.61%. For the same industry, the average monthly price growth was +1.17%, and the average quarterly price growth was +4.44%.

Reported Earning Dates

KRT is expected to report earnings on Mar 13, 2025.

OCTO is expected to report earnings on Apr 17, 2023.

Industries' Descriptions

@Containers/Packaging (+1.61% weekly)

The containers/packing sector includes companies that manufacture containers (like plastic and aluminum food containers, glass bottles, metal cans, cardboard, storage and waste bags, giftwraps etc.) and provide packing services. Food-and-beverage and household products are major markets for this business. Several companies in this industry cater to international markets in addition to serving domestic customers. Consumer spending habits could potentially affect this industry’s performance. Some products, that use oil-based materials as inputs, are likely to see their costs of production get impacted (to some extent) by energy price movements. The ever-expanding e-commerce market has only supercharged the amount/frequency of goods shipped domestically and across borders, thereby creating ample potential opportunities for containers and packaging businesses. Ball Corporation, International Paper Company, Amcor Plc and Packaging Corporation of America are some of the largest U.S. companies in this industry.

SUMMARIES
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FUNDAMENTALS
Fundamentals
KRT($571M) has a higher market cap than OCTO($3.74M). KRT has higher P/E ratio than OCTO: KRT (17.67) vs OCTO (0.05). KRT YTD gains are higher at: 26.000 vs. OCTO (-36.965). KRT has higher annual earnings (EBITDA): 60.8M vs. OCTO (-9.68M). KRT has more cash in the bank: 49.4M vs. OCTO (3.66M). OCTO has less debt than KRT: OCTO (35.2M) vs KRT (71M). KRT has higher revenues than OCTO: KRT (406M) vs OCTO (75.8M).
KRTOCTOKRT / OCTO
Capitalization571M3.74M15,271%
EBITDA60.8M-9.68M-628%
Gain YTD26.000-36.965-70%
P/E Ratio17.670.0534,482%
Revenue406M75.8M536%
Total Cash49.4M3.66M1,350%
Total Debt71M35.2M202%
TECHNICAL ANALYSIS
Technical Analysis
KRTOCTO
RSI
ODDS (%)
Bearish Trend 2 days ago
62%
Bullish Trend 2 days ago
78%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
89%
Bullish Trend 2 days ago
72%
Momentum
ODDS (%)
Bullish Trend 2 days ago
70%
Bearish Trend 2 days ago
89%
MACD
ODDS (%)
Bearish Trend 2 days ago
66%
Bearish Trend 2 days ago
90%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
67%
Bearish Trend 2 days ago
90%
TrendMonth
ODDS (%)
Bullish Trend 2 days ago
77%
Bearish Trend 2 days ago
90%
Advances
ODDS (%)
Bullish Trend 2 days ago
77%
Bullish Trend 18 days ago
82%
Declines
ODDS (%)
Bearish Trend 4 days ago
67%
Bearish Trend 4 days ago
90%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
59%
Bullish Trend 2 days ago
75%
Aroon
ODDS (%)
Bullish Trend 2 days ago
82%
Bearish Trend 2 days ago
90%
View a ticker or compare two or three
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KRT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
OCTO
Daily Signalchanged days ago
Gain/Loss if shorted
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KRT and

Correlation & Price change

A.I.dvisor indicates that over the last year, KRT has been loosely correlated with SEE. These tickers have moved in lockstep 42% of the time. This A.I.-generated data suggests there is some statistical probability that if KRT jumps, then SEE could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To KRT
1D Price
Change %
KRT100%
+3.68%
SEE - KRT
42%
Loosely correlated
+1.34%
GEF - KRT
40%
Loosely correlated
-0.56%
PKG - KRT
31%
Poorly correlated
+0.49%
AVY - KRT
30%
Poorly correlated
+0.99%
BALL - KRT
29%
Poorly correlated
+0.68%
More

OCTO and

Correlation & Price change

A.I.dvisor tells us that OCTO and SW have been poorly correlated (+16% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that OCTO and SW's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To OCTO
1D Price
Change %
OCTO100%
-7.43%
SW - OCTO
16%
Poorly correlated
+1.20%
KRT - OCTO
10%
Poorly correlated
+3.68%
VRLAF - OCTO
10%
Poorly correlated
N/A
SCBGF - OCTO
9%
Poorly correlated
N/A
AMCR - OCTO
9%
Poorly correlated
+2.52%
More