Kaival Brands Innovations Group Inc [NASDAQ: KAVL] surged by $0.13 during the normal trading session on while it closed the day at $1.00.
Kaival Brands Innovations Group Inc stock has also gained 9.46% of its value over the past 7 days. However, KAVL stock has declined by 0.00% in the 3 months of the year. Over the past six months meanwhile, it has lost -32.43% and gained 9.46% year-on date.
The market cap for KAVL stock reached $6.78 million, with 6.78 million shares outstanding and 2.39 million shares in the current float. Compared to the average trading volume of 198.13K shares, KAVL reached a trading volume of 10046669 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Kaival Brands Innovations Group Inc [KAVL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KAVL shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KAVL stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Kaival Brands Innovations Group Inc is set at 0.15, with the Price to Sales ratio for KAVL stock in the period of the last 12 months amounting to 0.67. The Price to Book ratio for the last quarter was 0.50, with the Price to Cash per share for the same quarter was set at 0.67.
KAVL stock trade performance evaluation
Kaival Brands Innovations Group Inc [KAVL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.46. With this latest performance, KAVL shares gained by 42.15% in over the last four-week period, additionally sinking by -32.43% over the last 6 months – not to mention a drop of -76.26% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KAVL stock in for the last two-week period is set at 58.67, with the RSI for the last a single of trading hit 60.83, and the three-weeks RSI is set at 56.66 for Kaival Brands Innovations Group Inc [KAVL]. The present Moving Average for the last 50 days of trading for this stock 0.8645, while it was recorded at 0.9237 for the last single week of trading, and 1.5703 for the last 200 days.
Kaival Brands Innovations Group Inc [KAVL]: An insightful look at the core fundamentals
Kaival Brands Innovations Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 1.76.
Kaival Brands Innovations Group Inc [KAVL]: Institutional Ownership
There are presently around $2.81%, or 8.24%% of KAVL stock, in the hands of institutional investors.
