Nauticus Robotics Inc [NASDAQ: KITT] jumped around 0.18 points on Wednesday, while shares priced at $1.09 at the close of the session, up 19.75%.
Compared to the average trading volume of 204.31K shares, KITT reached a trading volume of 36934326 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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
What do top market gurus say about 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 $360.00 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 0.12, with the Price to Sales ratio for KITT stock in the period of the last 12 months amounting to 2.91.
How has KITT stock performed recently?
Nauticus Robotics Inc [KITT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.96. With this latest performance, KITT shares dropped by -19.26% in over the last four-week period, additionally sinking by -78.19% over the last 6 months – not to mention a drop of -98.18% 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 41.44, with the RSI for the last a single of trading hit 43.34, and the three-weeks RSI is set at 40.49 for Nauticus Robotics Inc [KITT]. The present Moving Average for the last 50 days of trading for this stock 1.3563, while it was recorded at 0.9794 for the last single week of trading, and 4.9683 for the last 200 days.
Nauticus Robotics Inc [KITT]: Deeper insight into the fundamentals
Nauticus Robotics Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.39 and a Current Ratio set at 0.56.
Insider trade positions for Nauticus Robotics Inc [KITT]
There are presently around $5.08%, or 5.80%% of KITT stock, in the hands of institutional investors.
