Nauticus Robotics Inc (NASDAQ: KITT) Share Price Might Move Down By -92.53%

In the last trading session, 1.54 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 $0.94, and it changed around -$0.02 or -2.20% from the last close, which brings the market valuation of the company to $28.43M. KITT currently trades at a discount to its 52-week high of $14.85, offering almost -1479.79% off that amount. The share price’s 52-week low was $0.82, which indicates that the current value has risen by an impressive 12.77% since then.

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 -2.20% 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 1.1800 on recent trading dayincreased the stock’s daily price by 20.34%. The company’s shares are currently down -39.24% year-to-date, but still down -15.15% over the last five days. On the other hand, Nauticus Robotics Inc (NASDAQ:KITT) is -39.63% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $2.5, which translates to bulls needing to increase their stock price by 62.4% 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.