Kaival Brands Innovations Group Inc (NASDAQ:KAVL) currently has a daily average trading volume of 3.55M but it saw 1496011 shares traded in last market. With a market cap of 7.39M USD, the company’s current market price of $1.09 came falling about -0.91 while comparing to the previous closing price of $1.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.84 and as low as $0.58. In the recent trading on the day, stock has struck highest price mark of $0.8895 while lowest mark touched by it was $1.1891.
Taking a look at 20-day trading activity of Kaival Brands Innovations Group Inc (KAVL) gives us an average price of $0.7616, while its current price level is -88.92% below from 52-week high level whereas it is 89.53% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8239 while that of 200 days or SMA-200 reads an average of $2.3264. A closer look into the stock’s movement over the week reveals that its volatility is standing at 32.35% during that period while stretching the period over a month that decreases to 15.23%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 60.44 which implies that the stock is in neutral territory.
Over the week, KAVL’s stock price is moving 63.91% up while it is 59.99% when we observe its performance for the past one month. Year-to-date it is -74.18% down and over the past year, the stock is showing a downside performance of -88.72%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -1.89 beat the consensus estimate of -2.41 for the same. The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $20.2M as analysts are expecting the sales for current fiscal year at $47.9M and seeing the company making $96.6M in sales next year. Moreover, analysts are in estimates of $15.1M for current-quarter revenue.
Currently, Kaival Brands Innovations Group Inc’s total number of outstanding shares is 6.78M. Company’s return on investment (ROI) stands at -55.93% and return on equity (ROE) at -51.37%. Stock’s beta reads 0.11. Stock has a price to book (P/B) ratio of 0.55 while price to sale or P/S ratio amounts to 0.73. Its return on asset (ROA) is -39.20% on average.
