Kaival Brands Innovations Group, Inc. is engaged in the sale, marketing, and distribution of electronic nicotine delivery system (ENDS) products, also known as e-cigarettes, in a variety of favors. The Company’s primary product is the Bidi Stick as well as other products manufactured by its affiliate Bidi Vapor LLC (Bidi). It holds the worldwide right to market and distribute the Bidi Stick and certain other products manufactured by Bidi. Bidi Stick is a disposable, tamper resistant ENDS product made with medical-grade components, a battery and technology designed to deliver a consistent vaping experience for adult smokers 21 and over. It distributes products to wholesalers and retailers of ENDS products. BIDI Stick comes in a variety of flavor options for adult cigarette smokers. It does not manufacture any of the products it resells. Its patent portfolio consists of approximately 19 existing and 47 pending with technologies related to vaporization and inhalation technologies.
Growing
The company is in a growing phase, with the latest annual income totaling USD 6.89M.
Overvalued
The company’s latest PE is -0.56, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 6.11M shares, increasing 13.86% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 11.09K shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of -0.36.