Nauticus Robotics Inc (NASDAQ: KITT): The Stock For Success Over The Next Few Months

In the last trading session, 55.19 million Nauticus Robotics Inc (NASDAQ:KITT) shares changed hands as the company’s beta touched -0.12. With the company’s per share price at $1.76 changed hands at $0.2 or 12.82% during last session, the market valuation stood at $11.28M. KITT’s last price was a discount, traded about -847.73% off its 52-week high of $16.68. The share price had its 52-week low at $0.82, which suggests the last value was 53.41% up since then. When we look at Nauticus Robotics Inc’s average trading volume, we note the 10-day average is 11.87 million shares, with the 3-month average coming to 7.59 million.

Analysts gave the Nauticus Robotics Inc (KITT) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended KITT as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Nauticus Robotics Inc’s EPS for the current quarter is expected to be 0.

Nauticus Robotics Inc (NASDAQ:KITT) trade information

Instantly KITT was in green as seen at the end of in last trading. With action -11.11%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 13.55%, with the 5-day performance at -11.11% in the red. However, in the 30-day time frame, Nauticus Robotics Inc (NASDAQ:KITT) is -16.59% down. Looking at the short shares, we see there were 1.96 million shares sold at short interest cover period of 0.12 days.

The consensus price target for the stock as assigned by Wall Street analysts is 2.5, meaning bulls need an upside of 29.6% from its current market value. According to analyst projections, KITT’s forecast low is 2.5 with 2.5 as the target high. To hit the forecast high, the stock’s price needs a -42.05% plunge from its current level, while the stock would need to soar -42.05% for it to hit the projected low.

KITT Dividends

Nauticus Robotics Inc is expected to release its next quarterly earnings report in March.

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

If we look at who the major shareholders are, we find that insiders hold 18.21% of Nauticus Robotics Inc shares while 4.05% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 4.95%.

Among Mutual Funds, the top two as of Oct 31, 2024 were Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund . With 18.71 shares estimated at $32926.0 under it, the former controlled 0.29% of total outstanding shares. On the other hand, Fidelity Series Total Market Index Fund held about 0.10% of the shares, roughly 6.12 shares worth around $10762.0.