Kaival Brands Innovations Group Inc. (NASDAQ:KAVL) went down by -12.18% from its latest closing price compared to the recent 1-year high of $17.00. The company’s stock price has collected -22.42% of loss in the last five trading sessions.
Is It Worth Investing in Kaival Brands Innovations Group Inc. (NASDAQ :KAVL) Right Now?
Plus, the 36-month beta value for KAVL is at 3.04. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Kaival Brands Innovations Group Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $3.00, which is $1.27 above the current price. KAVL currently public float of 13.95M and currently shorts hold a 2.12% ratio of that float. Today, the average trading volume of KAVL was 1.41M shares.
KAVL’s Market Performance
KAVL stocks went down by -22.42% for the week, with a monthly jump of 86.02% and a quarterly performance of 2.98%, while its annual performance rate touched -81.73%. The volatility ratio for the week stands at 16.63% while the volatility levels for the past 30 days are set at 17.78% for Kaival Brands Innovations Group Inc. The simple moving average for the period of the last 20 days is 19.08% for KAVL stocks with a simple moving average of 7.30% for the last 200 days.
KAVL Trading at 39.74% from the 50-Day Moving Average
After a stumble in the market that brought KAVL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.82% of loss for the given period.
Volatility was left at 17.78%, however, over the last 30 days, the volatility rate increased by 16.63%, as shares surge +84.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.06% upper at present.
During the last 5 trading sessions, KAVL fell by -22.42%, which changed the moving average for the period of 200-days by -69.71% in comparison to the 20-day moving average, which settled at $1.4923. In addition, Kaival Brands Innovations Group Inc. saw 132.12% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for KAVL
Current profitability levels for the company are sitting at:
- -17.81 for the present operating margin
- +20.30 for the gross margin
The net margin for Kaival Brands Innovations Group Inc. stands at -15.37.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.18.