Market Recap: Nauticus Robotics Inc (KITT)’s Positive Momentum, Closing at 0.94

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

The closing price of Nauticus Robotics Inc (NASDAQ: KITT) was $0.94 for the day, up 2.60% from the previous closing price of $0.92. In other words, the price has increased by $2.60 from its previous closing price. On the day, 1.15 million shares were traded.

Ratios:

Our analysis of KITT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 20.41 whereas as Long-Term Debt/Eq ratio is at 18.51.

On October 06, 2022, ROTH Capital started tracking the stock assigning a Buy rating and target price of $10.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 23.07 while its Price-to-Book (P/B) ratio in mrq is 21.72.

Stock Price History:

Over the past 52 weeks, KITT has reached a high of $14.85, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -6.06%, while the 200-Day Moving Average is calculated to be -31.90%.

Shares Statistics:

A total of 35.15M shares are outstanding, with a floating share count of 33.16M. Insiders hold about 10.52% of the company’s shares, while institutions hold 1.41% stake in the company.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.