Nauticus Robotics Inc (KITT) Has Fallen -6.57%, Becoming A Losing Stock For Investors

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Nauticus Robotics Inc (NASDAQ:KITT) has a beta value of -0.13 and has seen 0.65 million shares traded in the recent trading session. The company, currently valued at $30.88M, closed the recent trade at $0.88 per share which meant it lost -$0.06 on the day or -6.57% during that session. The KITT stock price is -1587.5% off its 52-week high price of $14.85 and 6.82% above the 52-week low of $0.82. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.87 million shares traded. The 3-month trading volume is 4.53 million shares.

The consensus among analysts is that Nauticus Robotics Inc (KITT) is Hold stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight.

Nauticus Robotics Inc (NASDAQ:KITT) trade information

Sporting -6.57% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the KITT stock price touched $0.88 or saw a rise of 19.27%. Year-to-date, Nauticus Robotics Inc shares have moved -43.34%, while the 5-day performance has seen it change -17.15%. Over the past 30 days, the shares of Nauticus Robotics Inc (NASDAQ:KITT) have changed -22.96%. Short interest in the company has seen 3.56 million shares shorted with days to cover at 1.05.

Wall Street analysts have a consensus price target for the stock at $2.5, which means that the shares’ value could jump 64.8% from the levels at last check today.. The projected low price target is $2.5 while the price target rests at a high of $2.5. In that case, then, we find that the latest price level in today’s session is -184.09% off the targeted high while a plunge would see the stock gain -184.09% from the levels at last check today..

Nauticus Robotics Inc (KITT) estimates and forecasts

The company’s shares have lost -35.43% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -1095.17% over the past 5 years.

KITT Dividends

Nauticus Robotics Inc is expected to release its next earnings report on 2023-Nov-14 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 4.08% of the company shares, while shares held by institutions stand at 1.03% with a share float percentage of 1.07%. Investors are also buoyed by the number of investors in a company, with Nauticus Robotics Inc having a total of 21.0 institutions that hold shares in the company. The top two institutional holders are MERCER GLOBAL ADVISORS INC /ADV with over 0.4 million shares worth more than $54440.0. As of 2024-06-30, MERCER GLOBAL ADVISORS INC /ADV held 0.5696% of shares outstanding.

The other major institutional holder is INTEGRATED ADVISORS NETWORK LLC, with the holding of over 0.4 million shares as of 2024-06-30. The firm’s total holdings are worth over $54440.0 and represent 0.5696% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund . As of Feb 28, 2025 , the former fund manager holds about 0.05% shares in the company for having 18.05 shares of worth $15726.0 while later fund manager owns 6.94 shares of worth $6050.0 as of Feb 28, 2025 , which makes it owner of about 0.02% of company’s outstanding stock.