Undervalued Stocks to Watch After X4 Pharma (NASDAQ:XFOR) News: KAVL, HNRC, AYRO, VVPR

This article provides a quick look into four (4) additional undervalued/undiscovered stocks, take a look now.

X4 Pharmaceuticals Inc (NASDAQ: XFOR) - Late-stage biopharmaceutical company X4 Pharmaceuticals has seen its stock make a strong move over the past months as it ended up with gains of 50%. The company is focused on the development of unique therapies which are meant to treat people suffering from rare immune system diseases.

Recently the company announced that it was going to host a seminar in which it would highlight the new data from its pivotal, global 4WHIM Phase 3 clinical trial of once-daily oral mavorixafor for treating people with WHIM syndrome. In November 2022 the company had announced positive top-line data from the 4WHIM trial. The webinar would be focussed on the effect of mavorixafor on the duration, severity, and rate of infection in participants in the trial.

Kaival Brands Innovations Group Inc (NASDAQ: KAVL) is mainly focused on the incubation of innovative and profitable products which could grow into dominant brands.

Kaival Brands Innovations Group is a well-known exclusive distributor of Bidi Vapor products in the United States. The most prominent Bidi Vapor product is the disposable electronic nicotine-delivery system (ENDS) named BIDI Stick. Kaival Brands work on the sales of these products by distributing them through convenience stores that are present nationally.

BIDI® Stick in the US markets and the Disposable Vape device VEEBA, virtually a duplicate of BIDI® Stick, distributed internationally through Philip Morris (NYSE:PM) are expected to dominate the e-cigarette market worldwide in the future.

Recently the company announced that it had appointed David Worner, Mark Thoenes, and Barry Hopkins to its board of directors.

The appointments were made to bring specific skills in the tobacco industry to the company's board. Those include tobacco industry experience, corporate governance, and public company financing and accounting. It was noted at the time that the two existing independent directors, George Chaung and Roger Brooks, were going to continue to serve on the board.

Houston Natural Resources Corporation (OTC:HNRC) - The company is a diversified oil and natural gas entity that also has interests in wastewater treatment facilities. Its main property is the Halff Oil Field situated in Crockett County in Texas and that property boasts 83 oil wells.

The property has an estimated 33 million barrels of oil and the valuation of the appraised reserves stood at $69 million. Houston Natural Resources Corporation also acquired a 9.9% stake in the firm Cunningham Energy LLC which had appraised reserves of $352 million.

On May 4, the company announced Q1 results and clocked revenues of $4,178,580, a rise of 17% year on year. The total earnings for the three months stood at $2,660,713, which reflected year on year jump of 32%. Moreover, EPS grew 50% to 3 cents a share, from 2 cents a year ago quarter.

On April 25, the company announced that FINRA has reviewed and completed the corporate action to pay a dividend.

AYRO Inc (NASDAQ:AYRO) - The company is involved in the designing and production of zero-emission vehicles and systems. The products are meant to bring about a paradigm shift in the nature of sustainability.

The company was in the news recently after it announced that it had been awarded a patent by the United States Patent and Trademark Office for its "Electric Vehicle Control Systems, Apparatus, and Methods." The patent for the utility that had been awarded to the company represented another significant milestone for AYRO as it continues to work on the development of new processes.  

VivoPower International PLC (NASDAQ:VVPR) - The company is an award-winning and well-regarded worldwide sustainable energy solutions corporation. It is focused on electric solutions for customized and ruggedized fleets, microgrids, and batteries. It is also involved in solar and critical power services and the associated technologies.

On May 16, the company inked a definitive partnership agreement by way of which it would market and distribute the fleet charging solutions from Vital EV Solutions globally. Vital EV is a constituent of the Vital Group of Companies and is headquartered in the United Kingdom. The company is involved in providing comprehensive electric vehicle charging solutions to fleet owners. As per the provisions of the agreement, VivoPower International would be able to provide its partners and customers with a wide variety of electric vehicle charging products and services from the stable of Vital EV.

 

 

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