Why Investors Should Stick to Kaival Brands Innovations Group Inc (NASDAQ: KAVL) Stock in 2024

In the last trading session, 67772.0 Kaival Brands Innovations Group Inc (NASDAQ:KAVL) shares changed hands as the company’s beta touched 0.02. With the company’s per share price at $0.83 changed hands at $0.0 or 0.85% during last session, the market valuation stood at $5.67M. KAVL’s last price was a discount, traded about -1067.47% off its 52-week high of $9.69. The share price had its 52-week low at $0.58, which suggests the last value was 30.12% up since then. When we look at Kaival Brands Innovations Group Inc’s average trading volume, we note the 10-day average is 0.13 million shares, with the 3-month average coming to 337.75K.

Kaival Brands Innovations Group Inc (NASDAQ:KAVL) trade information

Instantly KAVL was in green as seen at the end of in last trading. With action -6.13%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -80.22%, with the 5-day performance at -6.13% in the red. However, in the 30-day time frame, Kaival Brands Innovations Group Inc (NASDAQ:KAVL) is 6.10% up. Looking at the short shares, we see there were 35058.0 shares sold at short interest cover period of 0.23 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -252.44%.

KAVL Dividends

Kaival Brands Innovations Group Inc is expected to release its next quarterly earnings report in January.

Kaival Brands Innovations Group Inc (NASDAQ:KAVL)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 65.86% of Kaival Brands Innovations Group Inc shares while 2.81% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 8.24%.