Nauticus Robotics Inc [NASDAQ: KITT] surged by $0.64 during the normal trading session on while it closed the day at $1.78.
Nauticus Robotics Inc stock has also gained 94.96% of its value over the past 7 days. However, KITT stock has inclined by 21.92% in the 3 months of the year. Over the past six months meanwhile, it has lost -66.48% and lost -92.71% year-on date.
The market cap for KITT stock reached $11.40 million, with 5.63 million shares outstanding and 5.58 million shares in the current float. Compared to the average trading volume of 1.15M shares, KITT reached a trading volume of 7877995 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 0.16, with the Price to Sales ratio for KITT stock in the period of the last 12 months amounting to 4.75.
KITT stock trade performance evaluation
Nauticus Robotics Inc [KITT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 94.96. With this latest performance, KITT shares gained by 99.42% in over the last four-week period, additionally sinking by -66.48% over the last 6 months – not to mention a drop of -93.05% 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 74.87, with the RSI for the last a single of trading hit 82.94, and the three-weeks RSI is set at 67.69 for Nauticus Robotics Inc [KITT]. The present Moving Average for the last 50 days of trading for this stock 1.1754, while it was recorded at 1.1422 for the last single week of trading, and 3.8665 for the last 200 days.
Nauticus Robotics Inc [KITT]: An insightful look at the core 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.
Nauticus Robotics Inc [KITT]: Institutional Ownership
There are presently around $3.40%, or 4.01%% of KITT stock, in the hands of institutional investors.
