Nauticus Robotics Inc (NASDAQ:KITT) Is 14.58% Above Its 52-Week Low, But How Long Will It Remain So?

In last trading session, Nauticus Robotics Inc (NASDAQ:KITT) saw 0.84 million shares changing hands with its beta currently measuring -0.17. Company’s recent per share price level of $0.96 trading at -$0.1 or -8.96% at ring of the bell on the day assigns it a market valuation of $29.13M. That closing price of KITT’s stock is at a discount of -1446.88% from its 52-week high price of $14.85 and is indicating a premium of 14.58% 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 1.17 million shares which gives us an average trading volume of 7.58 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 -8.96%, in the last five days KITT remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $0.96 price level, adding 14.29% to its value on the day. Nauticus Robotics Inc’s shares saw a change of -37.74% in year-to-date performance and have moved -3.50% in past 5-day. Nauticus Robotics Inc (NASDAQ:KITT) showed a performance of -8.10% in past 30-days. Number of shares sold short was 4.1 million shares which calculate 0.94 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 61.6% to its current value. 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 -160.42% in reaching the projected high whereas dropping to the targeted low would mean a loss of -160.42% for stock’s current value.

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

Insiders are in possession of 22.36% of company’s total shares while institution are holding 5.09 percent of that, with stock having share float percentage of 6.56%. Investors also watch the number of corporate investors in a company very closely, which is 5.09% institutions for Nauticus Robotics Inc that are currently holding shares of the company. MERCER GLOBAL ADVISORS INC /ADV is the top institutional holder at KITT for having 0.4 million shares of worth $54440.0. And as of 2024-06-30, it was holding 0.5696 of the company’s outstanding shares.

The second largest institutional holder is INTEGRATED ADVISORS NETWORK LLC, which was holding about 0.4 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.5696 of outstanding shares, having a total worth of $54440.0.

On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 18.05 shares of worth $17413.0 or 0.28% of the total outstanding shares. The later fund manager was in possession of 6.94 shares on Feb 28, 2025 , making its stake of worth around $6699.0 in the company or a holder of 0.11% of company’s stock.