Nauticus Robotics Inc [NASDAQ: KITT] stock went on an upward path that rose over 1.81% on Wednesday, amounting to a one-week price increase of more than 25.40%.
Over the last 12 months, KITT stock dropped by -37.21%. The one-year Nauticus Robotics Inc stock forecast points to a potential upside of 99.73. The average equity rating for KITT stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $41.13 million, with 42.27 million shares outstanding and 38.43 million shares in the current float. Compared to the average trading volume of 1.52M shares, KITT stock reached a trading volume of 11139856 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 $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 Price to Book ratio for the last quarter was 22.49, with the Price to Cash per share for the same quarter was set at 0.06.
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 25.40. With this latest performance, KITT shares gained by 5.26% in over the last four-week period, additionally sinking by -11.53% over the last 6 months – not to mention a drop of -37.21% 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 57.37, with the RSI for the last a single of trading hit 0.0847, and the three-weeks RSI is set at 0.0769 for Nauticus Robotics Inc [KITT]. The present Moving Average for the last 50 days of trading for this stock 0.9469, while it was recorded at 0.8822 for the last single week of trading, and 1.2038 for the last 200 days.
Insight into Nauticus Robotics Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Nauticus Robotics Inc [KITT] shares currently have an operating margin of -771.78% and a Gross Margin at -271.80%. Nauticus Robotics Inc’s Net Margin is presently recorded at -3598.65%.
Nauticus Robotics Inc (KITT) Capital Structure & Debt Analysis
Nauticus Robotics Inc (KITT) Efficiency & Liquidity Metrics
Nauticus Robotics Inc (KITT) Efficiency & Liquidity Metrics
KITT Stock EPS
With the latest financial reports released by the company, Nauticus Robotics Inc posted -6.84/share EPS, while the average EPS was predicted by analysts to be reported at -4.68/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -2.16. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KITT.
Nauticus Robotics Inc [KITT] Institutonal Ownership Details
There are presently around $4.29%, or 4.58%% of KITT stock, in the hands of institutional investors. The top three institutional holders of KITT stocks are: MERCER GLOBAL ADVISORS INC /ADV with ownership of 0.4 million shares, which is approximately 0.5696%. INTEGRATED ADVISORS NETWORK LLC, holding 0.4 million shares of the stock with an approximate value of $$54440.0 in KITT stocks shares; and INTEGRATED ADVISORS NETWORK LLC, currently with $$50249.0 in KITT stock with ownership which is approximately 0.5258%.
