Nauticus Robotics Inc (NASDAQ:KITT) At $1.65: So What?

NOVA

In recent trading session, Nauticus Robotics Inc (NASDAQ:KITT) saw 0.83 million shares changing hands at last check today with its beta currently measuring -0.11. Company’s recent per share price level of $1.65 trading at -$0.1 or -5.68% at last check today assigns it a market valuation of $10.57M. That most recent trading price of KITT’s stock is at a discount of -925.45% from its 52-week high price of $16.92 and is indicating a premium of 50.3% from its 52-week low price of $0.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 12.82 million shares which gives us an average trading volume of 7.34 million if we extend that period to 3-months.

For Nauticus Robotics Inc (KITT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

Nauticus Robotics Inc (NASDAQ:KITT) trade information

Upright in the red during last session for losing -5.68%, in the last five days KITT remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $1.65 price level, adding 25.0% to its value on the day. Nauticus Robotics Inc’s shares saw a change of 6.49% in year-to-date performance and have moved -17.47% in past 5-day. Nauticus Robotics Inc (NASDAQ:KITT) showed a performance of -23.58% in past 30-days. Number of shares sold short was 1.96 million shares which calculate 0.12 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 2.5 to the stock, which implies a rise of 34.0% to its recent value today. Analysts have been projecting 2.5 as a low price target for the stock while placing it at a high target of 2.5. It follows that stock’s current price would drop -51.52% in reaching the projected high whereas dropping to the targeted low would mean a loss of -51.52% for stock’s current value.

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

Insiders are in possession of 8.67% of company’s total shares while institution are holding 3.22 percent of that, with stock having share float percentage of 3.53%. Investors also watch the number of corporate investors in a company very closely, which is 3.22% institutions for Nauticus Robotics Inc that are currently holding shares of the company.

On the other hand, Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024, the former fund manager was holding 18.71 shares of worth $31242.0 or 0.29% of the total outstanding shares. The later fund manager was in possession of 6.12 shares on Oct 31, 2024, making its stake of worth around $10212.0 in the company or a holder of 0.10% of company’s stock.