Nauticus Robotics Inc (NASDAQ: KITT): Is It A Gold Mine Or A Disaster In The Making?

In today’s recent session, 31.97 million shares of the Nauticus Robotics Inc (NASDAQ:KITT) have been traded, and its beta is -0.08. Most recently the company’s share price was $1.05, and it changed around $0.14 or 15.36% from the last close, which brings the market valuation of the company to $6.73M. KITT at last check was trading at a discount to its 52-week high of $61.92, offering almost -5797.14% off that amount. The share price’s 52-week low was $0.85, which indicates that the recent value has risen by an impressive 19.05% since then. We note from Nauticus Robotics Inc’s average daily trading volume that its 10-day average is 0.42 million shares, with the 3-month average coming to 204.31K.

Nauticus Robotics Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended KITT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Nauticus Robotics Inc (NASDAQ:KITT) trade information

Instantly KITT has been showing a green trend so far today with a performance of 15.36% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.1600 on recent trading dayincreased the stock’s daily price by 9.48%. The company’s shares are currently down -95.70% year-to-date, but still down -7.49% over the last five days. On the other hand, Nauticus Robotics Inc (NASDAQ:KITT) is -22.22% down in the 30-day period. We can see from the shorts that 0.15 million shares have been sold at a short interest cover period of 1.57 day(s).

The consensus price target as assigned by Wall Street analysts is $2.5, which translates to bulls needing to increase their stock price by 58.0% from its current value. Analyst projections state that KITT is forecast to be at a low of $2.5 and a high of $2.5.

KITT Dividends

Nauticus Robotics Inc’s next quarterly earnings report is expected to be released in December.

Nauticus Robotics Inc (NASDAQ:KITT)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 12.43% of Nauticus Robotics Inc shares, and 5.08% of them are in the hands of institutional investors. The stock currently has a share float of 5.80%.

Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 19.06 shares worth $19917.0, making up 0.30% of all outstanding shares. On the other hand, Fidelity Series Total Market Index Fund held roughly 4.45 shares worth around $4648.0, which represents about 0.07% of the total shares outstanding.