Kaival Brands Innovations Group (NASDAQ:KAVL) Stock Price Up 3.2% – Still a Buy?

Kaival Brands Innovations Group, Inc. (NASDAQ:KAVLGet Free Report) shot up 3.2% during trading on Monday . The stock traded as high as $0.75 and last traded at $0.74. 177,971 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 2,157,761 shares. The stock had previously closed at $0.72.

Kaival Brands Innovations Group Stock Up 3.2 %

The business’s fifty day moving average is $0.93 and its two-hundred day moving average is $1.18.

Kaival Brands Innovations Group (NASDAQ:KAVLGet Free Report) last issued its quarterly earnings results on Friday, September 20th. The company reported ($0.39) EPS for the quarter. The business had revenue of $0.71 million for the quarter.

About Kaival Brands Innovations Group

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Kaival Brands Innovations Group, Inc sells, markets, and distributes electronic nicotine delivery system (ENDS) products and related components in the United States. The company offers Bidi Stick, a disposable and tamper-resistant ENDS product in various flavor options for adult cigarette smokers. It sells its products to non-retail customers through convenience stores and the website www.wholesale.bidivapor.com.

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