Is Nauticus Robotics Inc (NASDAQ: KITT) Worth What Its Shareholders Think It Is?

During the last session, Nauticus Robotics Inc (NASDAQ:KITT)’s traded shares were 0.89 million, with the beta value of the company hitting -0.06. The 52-week high for the KITT share is $61.92, that puts it down -5741.51 from that peak though still a striking 19.81% gain since the share price plummeted to a 52-week low of $0.85. The company’s market capitalization is $6.79M, and the average intraday trading volume over the past 10 days was 4.12 million shares, and the average trade volume was 791.86K shares over the past three months.

Nauticus Robotics Inc (KITT) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 1.00. KITT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

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Nauticus Robotics Inc (NASDAQ:KITT) trade information

The stock’s 5-day price performance is 11.46%, and it has moved by -20.30% in 30 days. Based on these gigs, the overall price performance for the year is -98.23%. The short interest in Nauticus Robotics Inc (NASDAQ:KITT) is 0.15 million shares and it means that shorts have 1.57 day(s) to cover.

The consensus price target of analysts on Wall Street is $2.5, which implies an increase of 57.6% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.5 and $2.5 respectively. As a result, KITT is trading at a discount of -135.85% off the target high and -135.85% off the low.

KITT Dividends

Nauticus Robotics Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Nauticus Robotics Inc insiders own 12.43% of total outstanding shares while institutional holders control 5.08%, with the float percentage being 5.80%.

Also, the Mutual Funds coming in first place with the largest holdings of Nauticus Robotics Inc (KITT) shares are Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund . Data provided on Sep 30, 2024 indicates that Fidelity Extended Market Index Fund owns about 19.06 shares. This amounts to just over 0.30 percent of the company’s overall shares, with a $20203.0 market value. The same data shows that the other fund manager holds slightly less at 4.45, or about 0.07% of the stock, which is worth about $4714.0.