There are a large number of stocks that may be in action this morning and it may get a bit overwhelming for investors when they need to decide on the stocks to look into. However, this article is going to give you a fair idea about some of the stocks that could be looked into this morning. This article gives you a quick look at three stocks that could be added to your watch lists this morning.
Safe-T Group Ltd (NASDAQ:SFET) – The first one to make it to the list this morning is the Safe-T Group Ltd stock, which has already come into sharp focus and has clocked gains of as much as 5% this morning. The company is involved in providing privacy and cybersecurity solutions to enterprises and consumers globally.
While there has been no news today, Safe-T Group was in focus yesterday after it provided the preliminary projections for its revenues for the three months that ended on March 31, 2022.
The company noted that it believes it would post revenues to the tune of around $4 million and that reflects a nearly threefold rise from the $1.4 million in revenues it posted in the prior-year period. Hence, it is perhaps not a surprise that the stock has got traction today. It now remains to be seen if the Safe-T Group stock can continue to be in focus over the course of the coming days.
Kaival Brands Innovations Group Inc (NASDAQ:KAVL) – The next one in the list is Kaival Brands Innovations Group Inc, which is best known for being the distributor of the products which are manufactured by BidiVapor LLC. The company came into considerable focus yesterday after it announced that it managed to expand the number of retailer and wholesaler accounts.
The company went on to note that it could eventually reach as many as 28,000 new stores. The announcement was a significant one and it is going to be interesting to see if it leads to a movement in the Kaival Brands Innovations Group stock in the coming days or not. It may be a good idea for investors to decide to keep an eye on the stock and upcoming events.
ImmunoPrecise Antibodies Ltd (NASDAQ:IPA) (IPA.V) has been in the middle of a major rally in recent weeks and over the course of the past month, it has managed to bring in gains to the tune of as much as 40%. In light of such gains, it may be a good time for investors to take a closer look at some recent events. Back on April 14, the company was actually in the news after it announced that it had been successful in picking up a controlling stake in the trio of Belgian biotech firms BioKey BV, BioClue BV and BioStrand BV.
In this regard, it is necessary to point out that the three entities are now going to be known collectively as BioStrand. The entities are involved in the biotechnology and bioinformatics spaces and the acquisition was completed by IPA through its fully owned subsidiary company ImmunoPrecise Netherlands BV. It was a major new acquisition for the company and one that could lead to a considerable long-term boost for IPA as a company.
SusGlobal Energy Corp (OTCMKTS:SNRG) – This morning circular economy player SusGlobal Energy Corp is in focus after it announced its financial results for the fourth quarter as well as the fiscal year, both of which ended on December 31, 2021.
The revenues actually dropped by as much as 66.63% to $144,246 on a year-on-year basis. That was mainly caused by the drop in business from the composting and organic waste plants.
The cost of sales for the fourth quarter stood at $19,667. The Chief Executive Officer of the company Marc Hazout noted this morning that he has the confidence to expect a ramp-up in revenues through the year. It remains to be seen how everything pans out and at this point, investors could do well to add the stock to their watch lists.
