In the last trading session, 1.65 million shares of the Nauticus Robotics Inc (NASDAQ:KITT) were traded, and its beta was -0.21. Most recently the company’s share price was $1.17, and it changed around -$0.02 or -1.68% from the last close, which brings the market valuation of the company to $35.32M. KITT currently trades at a discount to its 52-week high of $14.85, offering almost -1169.23% off that amount. The share price’s 52-week low was $0.82, which indicates that the current value has risen by an impressive 29.91% since then. We note from Nauticus Robotics Inc’s average daily trading volume that its 10-day average is 1.97 million shares, with the 3-month average coming to 10.00 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 is expected to report earnings per share of 0 for the current quarter.
Nauticus Robotics Inc (NASDAQ:KITT) trade information
Instantly KITT has showed a red trend with a performance of -1.68% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.2500 on recent trading dayincreased the stock’s daily price by 6.4%. The company’s shares are currently down -24.52% year-to-date, but still up 0.86% over the last five days. On the other hand, Nauticus Robotics Inc (NASDAQ:KITT) is -9.30% down in the 30-day period. We can see from the shorts that 2.17 million shares have been sold at a short interest cover period of 0.31 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 53.2% 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.
Nauticus Robotics Inc (NASDAQ:KITT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 22.36% of Nauticus Robotics Inc shares, and 5.09% of them are in the hands of institutional investors. The stock currently has a share float of 6.56%. Nauticus Robotics Inc stock is held by 19.0 institutions, with MERCER GLOBAL ADVISORS INC /ADV being the largest institutional investor. By 2024-06-30, it held 0.5696% of the shares, which is about 0.4 million shares worth $54440.0.
INTEGRATED ADVISORS NETWORK LLC, with 0.5696% or 0.4 million shares worth $54440.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 18.44 shares worth $21570.0, making up 0.29% of all outstanding shares. On the other hand, Fidelity Total Market Index Fund held roughly 5.04 shares worth around $5893.0, which represents about 0.08% of the total shares outstanding.