Nauticus Robotics Inc (NASDAQ: KITT) – Analyst View Is Different Today

EVTL

In the last trading session, 1.01 million shares of the Nauticus Robotics Inc (NASDAQ:KITT) were traded, and its beta was -0.02. Most recently the company’s share price was $1.08, and it changed around -$0.03 or -2.70% from the last close, which brings the market valuation of the company to $7.18M. KITT currently trades at a discount to its 52-week high of $37.44, offering almost -3366.67% off that amount. The share price’s 52-week low was $0.85, which indicates that the current value has risen by an impressive 21.3% since then. We note from Nauticus Robotics Inc’s average daily trading volume that its 10-day average is 1.94 million shares, with the 3-month average coming to 1.07 million.

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.

Nauticus Robotics Inc (NASDAQ:KITT) trade information

Instantly KITT has showed a red trend with a performance of -2.70% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.2500 on recent trading dayincreased the stock’s daily price by 13.6%. The company’s shares are currently down -95.57% year-to-date, but still down -3.57% over the last five days. On the other hand, Nauticus Robotics Inc (NASDAQ:KITT) is -18.18% down in the 30-day period. We can see from the shorts that 0.26 million shares have been sold at a short interest cover period of 1.22 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 56.8% 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 January.

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

Upon looking at major shareholders, it appears that insiders hold 15.38% of Nauticus Robotics Inc shares, and 3.40% of them are in the hands of institutional investors. The stock currently has a share float of 4.01%.