In last trading session, Nauticus Robotics Inc (NASDAQ:KITT) saw 0.57 million shares changing hands with its beta currently measuring 0.08. Company’s recent per share price level of $0.23 trading at $0.01 or 3.59% at ring of the bell on the day assigns it a market valuation of $14.16M. That closing price of KITT’s stock is at a discount of -1121.74% from its 52-week high price of $2.81 and is indicating a premium of 21.74% from its 52-week low price of $0.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.2 million shares which gives us an average trading volume of 1.72 million if we extend that period to 3-months.
Nauticus Robotics Inc (NASDAQ:KITT) trade information
Upright in the green during last session for gaining 3.59%, in the last five days KITT remained trading in the red while hitting it’s week-highest on Monday, 04/08/24 when the stock touched $0.23 price level, adding 20.39% to its value on the day. Nauticus Robotics Inc’s shares saw a change of -66.36% in year-to-date performance and have moved -14.86% in past 5-day. Nauticus Robotics Inc (NASDAQ:KITT) showed a performance of 14.00% in past 30-days. Number of shares sold short was 0.52 million shares which calculate 0.14 days to cover the short interests.
Nauticus Robotics Inc (KITT) estimates and forecasts
This year revenue growth is estimated to fall -42.20% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.06 million for the same. And 1 analysts are in estimates of company making revenue of $10 million in the next quarter that will end on Mar 2024. Company posted $3.23 million and $2.4 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -67.00% while estimating it to be 316.70% for the next quarter.
KITT Dividends
Nauticus Robotics Inc is more likely to be releasing its next quarterly report in May and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Nauticus Robotics Inc (NASDAQ:KITT)’s Major holders
Insiders are in possession of 45.85% of company’s total shares while institution are holding 15.63 percent of that, with stock having share float percentage of 28.87%. Investors also watch the number of corporate investors in a company very closely, which is 15.63% institutions for Nauticus Robotics Inc that are currently holding shares of the company. Harvard Management Company, Inc. is the top institutional holder at KITT for having 0.5 million shares of worth $1.03 million. And as of Jun 29, 2023, it was holding 1.00% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 0.17 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.33% of outstanding shares, having a total worth of $0.34 million.
On the other hand, Vanguard Extended Market Index Fund and Schwab Strategic Tr-Schwab U.S. Small Cap ETF are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 98330.0 shares of worth $0.2 million or 0.20% of the total outstanding shares. The later fund manager was in possession of 47153.0 shares on May 30, 2023, making its stake of worth around $91948.0 in the company or a holder of 0.09% of company’s stock.
