Nauticus Robotics Inc [NASDAQ: KITT] traded at a low on Tuesday, posting a -4.35 loss after which it closed the day’ session at $1.98.
The results of the trading session contributed to over 17479118 shares changing hands. Over the past one week, the price volatility of Nauticus Robotics Inc stands at 39.60% while the volatility over the past one month is 34.44%.
The market cap for KITT stock reached $12.68 million, with 5.63 million shares outstanding and 5.56 million shares in the current float. Compared to the average trading volume of 4.88M shares, KITT reached a trading volume of 17479118 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 0.74, with the Price to Sales ratio for KITT stock in the period of the last 12 months amounting to 5.28.
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 -59.26. With this latest performance, KITT shares gained by 90.38% in over the last four-week period, additionally sinking by -57.63% over the last 6 months – not to mention a drop of -89.67% 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 49.42, with the RSI for the last a single of trading hit 45.95, and the three-weeks RSI is set at 50.92 for Nauticus Robotics Inc [KITT]. The present Moving Average for the last 50 days of trading for this stock 1.48, while it was recorded at 2.85 for the last single week of trading, and 3.53 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 $3.40%, or 3.72%% of KITT stock, in the hands of institutional investors.
