Kaival Brands Innovations Group Inc (NASDAQ: KAVL) is 23.69% higher on its value in year-to-date trading and has touched a low of $0.58 and a high of $9.69 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KAVL stock was last observed hovering at around $1.09 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.13, the stock is 18.36% and 28.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing 3.67% at the moment leaves the stock -25.31% off its SMA200. KAVL registered -72.69% loss for a year compared to 6-month loss of -8.13%. The firm has a 50-day simple moving average (SMA 50) of $0.87898 and a 200-day simple moving average (SMA200) of $1.512985.
The stock witnessed a 25.70% gain in the last 1 month and extending the period to 3 months gives it a 37.45%, and is 0.89% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.62% over the week and 19.17% over the month.
Kaival Brands Innovations Group Inc (KAVL) has around 18 employees, a market worth around $7.67M and $10.11M in sales. Profit margin for the company is -78.85%. Distance from 52-week low is 96.49% and -88.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-55.93%).
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Kaival Brands Innovations Group Inc (KAVL) Top Institutional Holders
11.0 institutions hold shares in Kaival Brands Innovations Group Inc (KAVL), with institutional investors hold 47.02% of the company’s shares. The shares outstanding are 6.78M, and float is at 6.78M with Short Float at 1.25%. Institutions hold 2.81% of the Float.
Kaival Brands Innovations Group Inc (KAVL) Insider Activity
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