Taking the lead: Kaival Brands Innovations Group Inc (KAVL)

With 6.49 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.64 million shares. During the session, the Tobacco company that operates in wider Consumer Defensive sector, reached to the highest price of $1.34 whereas the lowest price it dropped to was $1.1. The 52-week range on KAVL shows that it touched its highest point at $10.08 and its lowest point at $0.58 during that stretch. It currently has a 1-year price target of $5.00. Beta for the stock currently stands at 0.11.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KAVL was up-trending over the past week, with a rise of 68.83%, but this was up by 62.48% over a month. Three-month performance dropped to -12.69% while six-month performance fell -60.74%. The stock lost -88.68% in the past year, while it has lost -72.28% so far this year.

Float and Shares Shorts:

At present, 6.78 million KAVL shares are outstanding with a float of 4.76 million shares on hand for trading. On 2024-08-30, short shares totaled 77935.0, which was 169.00001000000003 higher than short shares on 1722384000. In addition to Mr. Eric Morris as the firm’s Interim Chief Financial Officer, Mr. James W. Dobbins serves as its General Counsel.

Institutional Ownership:

Through their ownership of 0.0044400003 of KAVL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-04-30, KAVL reported revenue of $713814.0 and operating income of $-1417778.0. The EBITDA in the recently reported quarter was $-1221006.0 and diluted EPS was $-0.39.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KAVL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.