Currently, there are 5.63M common shares owned by the public and among those 5.56M shares have been available to trade.
The company’s stock has a 5-day price change of -59.26% and 53.49% over the past three months. KITT shares are trading 27.74% year to date (YTD), with the 12-month market performance down to -89.67% lower. It has a 12-month low price of $0.82 and touched a high of $18.72 over the same period. KITT has an average intraday trading volume of 4.88 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.81%, 33.88%, and -43.94% respectively.
Institutional ownership of Nauticus Robotics Inc (NASDAQ: KITT) shares accounts for 1.28% of the company’s 5.63M shares outstanding.
It has a market capitalization of $12.68M and a beta (3y monthly) value of -0.22. The earnings-per-share (ttm) stands at -$45.62. Price movements for the stock have been influenced by the stock’s volatility, which stands at 39.60% over the week and 34.44% over the month.
Analysts forecast that Nauticus Robotics Inc (KITT) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Comparatively, EPS for the current quarter was -6.84 a year ago.
Looking at the support for the KITT, a number of firms have released research notes about the stock. Chardan Capital Markets stated their Neutral rating for the stock in a research note on May 12, 2023, with the firm’s price target at $2.50. ROTH Capital coverage for the Nauticus Robotics Inc (KITT) stock in a research note released on October 06, 2022 offered a Buy rating with a price target of $10.
