Nauticus Robotics Inc [NASDAQ: KITT] slipped around -0.05 points on Thursday, while shares priced at $1.09 at the close of the session, down -4.39%.
Compared to the average trading volume of 1.87M shares, KITT reached a trading volume of 4417703 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 Price to Book ratio for the last quarter was 25.18, with the Price to Cash per share for the same quarter was set at 0.27.
How has KITT stock performed recently?
Nauticus Robotics Inc [KITT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.83. With this latest performance, KITT shares gained by 12.45% in over the last four-week period, additionally sinking by -44.95% over the last 6 months – not to mention a drop of -29.68% 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 59.29, with the RSI for the last a single of trading hit 0.0921, and the three-weeks RSI is set at 0.0844 for Nauticus Robotics Inc [KITT]. The present Moving Average for the last 50 days of trading for this stock 0.9761, while it was recorded at 1.0360 for the last single week of trading, and 1.2656 for the last 200 days.
Nauticus Robotics Inc [KITT]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Nauticus Robotics Inc [KITT] shares currently have an operating margin of -1553.28% and a Gross Margin at -607.27%. Nauticus Robotics Inc’s Net Margin is presently recorded at -7215.58%.
Nauticus Robotics Inc (KITT) Capital Structure & Debt Analysis
Nauticus Robotics Inc (KITT) Efficiency & Liquidity Metrics
Based on Nauticus Robotics Inc’s (KITT) latest financial statements, the Debt-to-Equity Ratio is 20.41%, indicating its reliance on debt financing relative to shareholder equity.
Nauticus Robotics Inc (KITT) Efficiency & Liquidity Metrics
Insider trade positions for Nauticus Robotics Inc [KITT]
There are presently around $1.59%, or 1.72% 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%.
