During the last session, Nauticus Robotics Inc (NASDAQ:KITT)’s traded shares were 1.58 million, with the beta value of the company hitting -0.12. At the end of the trading day, the stock’s price was $0.99, reflecting an intraday loss of -6.60% or -$0.07. The 52-week high for the KITT share is $14.85, that puts it down -1400.0 from that peak though still a striking 17.17% gain since the share price plummeted to a 52-week low of $0.82. The company’s market capitalization is $29.88M, and the average intraday trading volume over the past 10 days was 1.91 million shares, and the average trade volume was 9.82 million shares over the past three months.
Nauticus Robotics Inc (KITT) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 1.00. KITT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Nauticus Robotics Inc (NASDAQ:KITT) trade information
Nauticus Robotics Inc (KITT) registered a -6.60% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.60% in intraday trading to $0.99, hitting a weekly high. The stock’s 5-day price performance is -13.16%, and it has moved by -10.00% in 30 days. Based on these gigs, the overall price performance for the year is -89.22%. The short interest in Nauticus Robotics Inc (NASDAQ:KITT) is 4.1 million shares and it means that shorts have 0.94 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.5, which implies an increase of 60.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.5 and $2.5 respectively. As a result, KITT is trading at a discount of -152.53% off the target high and -152.53% off the low.
KITT Dividends
Nauticus Robotics Inc is due to release its next quarterly earnings on 2023-Nov-14. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Nauticus Robotics Inc (NASDAQ:KITT)’s Major holders
Nauticus Robotics Inc insiders own 22.36% of total outstanding shares while institutional holders control 5.09%, with the float percentage being 6.56%. MERCER GLOBAL ADVISORS INC /ADV is the largest shareholder of the company, while 19.0 institutions own stock in it. As of 2024-06-30, the company held over 0.4 million shares (or 0.5696% of all shares), a total value of $54440.0 in shares.
The next largest institutional holding, with 0.4 million shares, is of INTEGRATED ADVISORS NETWORK LLC’s that is approximately 0.5696% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $54440.0.
Also, the Mutual Funds coming in first place with the largest holdings of Nauticus Robotics Inc (KITT) shares are Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Total Market Index Fund . Data provided on Dec 31, 2024 indicates that Fidelity Concord Street Trust-Fidelity Extended Market Index Fund owns about 18.44 shares. This amounts to just over 0.29 percent of the company’s overall shares, with a $18251.0 market value. The same data shows that the other fund manager holds slightly less at 5.04, or about 0.08% of the stock, which is worth about $4986.0.
