For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Kaival Brands Innovations Group Inc (NASDAQ: KAVL) closed the day trading at $0.16 up 13.85% from the previous closing price of $0.14. In other words, the price has increased by $13.85 from its previous closing price. On the day, 6.17 million shares were traded. KAVL stock price reached its highest trading level at $0.16 during the session, while it also had its lowest trading level at $0.12.
Ratios:
For a better understanding of KAVL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.05.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KAVL now has a Market Capitalization of 1849147 and an Enterprise Value of 1340421. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at 1.189 whereas that against EBITDA is -0.187.
Stock Price History:
The Beta on a monthly basis for KAVL is -1.07, which has changed by -0.8426966 over the last 52 weeks, in comparison to a change of 0.12838376 over the same period for the S&P500. Over the past 52 weeks, KAVL has reached a high of $1.55, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -68.82%, while the 200-Day Moving Average is calculated to be -72.06%.
Shares Statistics:
Over the past 3-months, KAVL traded about 2.69M shares per day on average, while over the past 10 days, KAVL traded about 6159140 shares per day. A total of 11.54M shares are outstanding, with a floating share count of 5.67M. Insiders hold about 51.06% of the company’s shares, while institutions hold 1.20% stake in the company. Shares short for KAVL as of 1764288000 were 55243 with a Short Ratio of 0.02, compared to 1761868800 on 104568. Therefore, it implies a Short% of Shares Outstanding of 55243 and a Short% of Float of 0.97.
