Market Insights: Kaival Brands Innovations Group Inc (KAVL)’s Notable Drop of -20.19, Closing at 3.40

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As of close of business last night, Kaival Brands Innovations Group Inc’s stock clocked out at $3.40, down -20.19% from its previous closing price of $4.26. In other words, the price has decreased by -$20.19 from its previous closing price. On the day, 0.74 million shares were traded. KAVL stock price reached its highest trading level at $4.65 during the session, while it also had its lowest trading level at $3.25.

Ratios:

To gain a deeper understanding of KAVL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.07.

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 9734200 and an Enterprise Value of 13434320. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 0.975 whereas that against EBITDA is -1.519.

Stock Price History:

The Beta on a monthly basis for KAVL is 0.27, which has changed by -0.7470238 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, KAVL has reached a high of $20.27, while it has fallen to a 52-week low of $1.11. The 50-Day Moving Average of the stock is 33.93%, while the 200-Day Moving Average is calculated to be -50.74%.

Shares Statistics:

It appears that KAVL traded 2.41M shares on average per day over the past three months and 4830560 shares per day over the past ten days. A total of 2.79M shares are outstanding, with a floating share count of 0.84M. Insiders hold about 70.51% of the company’s shares, while institutions hold 1.86% stake in the company. Shares short for KAVL as of 1711584000 were 332907 with a Short Ratio of 0.14, compared to 1709164800 on 17019. Therefore, it implies a Short% of Shares Outstanding of 332907 and a Short% of Float of 35.689998.

Earnings Estimates

The current assessment of Kaival Brands Innovations Group Inc (KAVL) involves the perspectives of — analysts closely monitoring its market dynamics.On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$1.89. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with — analysts recommending between $0 and $0.

Revenue Estimates

In the current quarter, 1 analysts expect revenue to total $15.1M. It ranges from a high estimate of $15.1M to a low estimate of $15.1M. As of the current estimate, Kaival Brands Innovations Group Inc’s year-ago sales were $3.85M, an estimated increase of 292.50% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $20.2M, an increase of 570.70% over than the figure of $292.50% in the same quarter last year. There is a high estimate of $20.2M for the next quarter, whereas the lowest estimate is $20.2M.

A total of 1 analysts have provided revenue estimates for KAVL’s current fiscal year. The highest revenue estimate was $47.9M, while the lowest revenue estimate was $47.9M, resulting in an average revenue estimate of $47.9M. In the same quarter a year ago, actual revenue was $12.76M, up 275.40% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $96.6M in the next fiscal year. The high estimate is $96.6M and the low estimate is $96.6M. The average revenue growth estimate for next year is up 101.70% from the average revenue estimate for this year.

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