Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Nauticus Robotics Inc (NASDAQ: KITT) closed the day trading at $1.46 down -1.35% from the previous closing price of $1.48. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 0.85 million shares were traded. KITT stock price reached its highest trading level at $1.63 during the session, while it also had its lowest trading level at $1.4201.
On October 06, 2022, ROTH Capital started tracking the stock assigning a Buy rating and target price of $10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 21 ’25 when GIBSON JOHN W JR sold 6,919 shares for $1.11 per share. The transaction valued at 7,680 led to the insider holds 107,132 shares of the business.
GIBSON JOHN W JR sold 3,190 shares of KITT for $19,236 on Jan 06 ’25. The Interim CEO now owns 94,606 shares after completing the transaction at $6.03 per share. On Dec 10 ’24, another insider, Hay Victoria, who serves as the Interim CFO of the company, sold 359 shares for $1.07 each. As a result, the insider received 384 and left with 753 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KITT now has a Market Capitalization of 8327405 and an Enterprise Value of 29172218. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.70. Its current Enterprise Value per Revenue stands at 9.465 whereas that against EBITDA is -1.336.
Stock Price History:
The Beta on a monthly basis for KITT is -0.20, which has changed by -0.87252367 over the last 52 weeks, in comparison to a change of 0.15566266 over the same period for the S&P500. Over the past 52 weeks, KITT has reached a high of $54.36, while it has fallen to a 52-week low of $1.47. The 50-Day Moving Average of the stock is -58.55%, while the 200-Day Moving Average is calculated to be -82.32%.
Shares Statistics:
Over the past 3-months, KITT traded about 1.99M shares per day on average, while over the past 10 days, KITT traded about 10048190 shares per day. A total of 5.70M shares are outstanding, with a floating share count of 5.36M. Insiders hold about 6.06% of the company’s shares, while institutions hold 3.36% stake in the company. Shares short for KITT as of 1760486400 were 859089 with a Short Ratio of 0.43, compared to 1757894400 on 526975. Therefore, it implies a Short% of Shares Outstanding of 859089 and a Short% of Float of 17.52.
