Kaival Brands Innovations Group Inc (NASDAQ: KAVL) Now -89.68% Off Its High ($9.69), Does Analysts See Headwinds And Risks?

Kaival Brands Innovations Group Inc (NASDAQ:KAVL) currently has a daily average trading volume of 198.13K but it saw 10046669 shares traded in last market. With a market cap of 6.78M USD, the company’s current market price of $1.00 came rising about 15.18 while comparing to the previous closing price of $0.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.69 and as low as $0.58. In the recent trading on the day, stock has struck highest price mark of $0.7928 while lowest mark touched by it was $1.55.

Taking a look at 20-day trading activity of Kaival Brands Innovations Group Inc (KAVL) gives us an average price of $0.8724, while its current price level is -89.68% below from 52-week high level whereas it is 73.88% 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 $0.8645 while that of 200 days or SMA-200 reads an average of $1.5703. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.68% during that period while stretching the period over a month that decreases to 16.54%. 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 58.67 which implies that the stock is in neutral territory.

Over the week, KAVL’s stock price is moving 9.46% up while it is 42.15% when we observe its performance for the past one month. Year-to-date it is 9.46% up and over the past year, the stock is showing a downside performance of -76.26%.

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 -0.04. Stock has a price to book (P/B) ratio of 0.50 while price to sale or P/S ratio amounts to 0.67. Its return on asset (ROA) is -39.20% on average.