Nauticus Robotics Inc [NASDAQ: KITT] stock went on a downward path that fall over -0.44% on Monday, amounting to a one-week price increase of more than 7.28%.
Over the last 12 months, KITT stock dropped by -93.45%. The one-year Nauticus Robotics Inc stock forecast points to a potential upside of 98.6. The average equity rating for KITT stock is currently 1.00, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for the stock reached $17.29 million, with 127.60 million shares outstanding and 55.75 million shares in the current float. Compared to the average trading volume of 29.59M shares, KITT stock reached a trading volume of 6115927 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Nauticus Robotics Inc [KITT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KITT shares is $10.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KITT stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Chardan Capital Markets have made an estimate for Nauticus Robotics Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 12, 2023. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Buy. The new note on the price target was released on October 06, 2022, representing the official price target for Nauticus Robotics Inc stock.
The Average True Range (ATR) for Nauticus Robotics Inc is set at 0.03, with the Price to Sales ratio for KITT stock in the period of the last 12 months amounting to 4.07.
KITT Stock Performance Analysis:
Nauticus Robotics Inc [KITT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.28. With this latest performance, KITT shares dropped by -1.17% in over the last four-week period, additionally sinking by -80.92% over the last 6 months – not to mention a drop of -93.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KITT stock in for the last two-week period is set at 44.79, with the RSI for the last a single of trading hit 43.39, and the three-weeks RSI is set at 44.95 for Nauticus Robotics Inc [KITT]. The present Moving Average for the last 50 days of trading for this stock 0.1670, while it was recorded at 0.1394 for the last single week of trading, and 0.7416 for the last 200 days.
Insight into Nauticus Robotics Inc Fundamentals:
Nauticus Robotics Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.68 and a Current Ratio set at 0.84.
Nauticus Robotics Inc [KITT] Institutonal Ownership Details
The top three institutional holders of KITT stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in KITT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in KITT stock with ownership which is approximately 5.1238%.
