Kaival Brands Innovations Group (NASDAQ:KAVL – Get Rating) posted its earnings results on Monday. The company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.03, MarketWatch Earnings reports.
Kaival Brands Innovations Group Stock Down 3.3 %
NASDAQ KAVL opened at $1.17 on Wednesday. The firm's 50-day moving average is $1.20 and its two-hundred day moving average is $1.39. Kaival Brands Innovations Group has a 12 month low of $0.52 and a 12 month high of $5.14.
Get Kaival Brands Innovations Group alerts:Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Kaival Brands Innovations Group by 2,362.1% during the first quarter. Vanguard Group Inc. now owns 763,185 shares of the company's stock worth $1,083,000 after purchasing an additional 732,188 shares during the period. Citadel Advisors LLC purchased a new stake in Kaival Brands Innovations Group during the second quarter worth about $186,000. Virtu Financial LLC purchased a new stake in shares of Kaival Brands Innovations Group during the second quarter worth approximately $74,000. Northern Trust Corp purchased a new stake in shares of Kaival Brands Innovations Group during the first quarter worth approximately $37,000. Finally, State Street Corp purchased a new stake in shares of Kaival Brands Innovations Group during the first quarter worth approximately $32,000.
Kaival Brands Innovations Group Company Profile
(Get Rating)Kaival Brands Innovations Group, Inc distributes electronic nicotine delivery systems (ENDS Products) and related components in the Unites States. The company offers Bidi Stick, a disposable and tamper-resistant ENDS Product in various flavor options; and Bidi Pouch, a tobacco-free nicotine formulation, which contains natural fibers and a chew-base filler in different flavors.
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