Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Nauticus Robotics Inc (NASDAQ: KITT) was $1.29 for the day, up 5.74% from the previous closing price of $1.22. In other words, the price has increased by $5.74 from its previous closing price. On the day, 6.93 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 0.39 and its Current Ratio is at 0.56.
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 Jan 06 ’25 when GIBSON JOHN W JR sold 3,190 shares for $6.03 per share. The transaction valued at 19,236 led to the insider holds 94,606 shares of the business.
Hay Victoria sold 359 shares of KITT for $384 on Dec 10 ’24. The Interim CFO now owns 753 shares after completing the transaction at $1.07 per share. On Nov 26 ’24, another insider, GIBSON JOHN W JR, who serves as the Interim CEO of the company, bought 52,157 shares for $1.03 each. As a result, the insider paid 53,972 and bolstered with 71,713 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 16.23.
Stock Price History:
Over the past 52 weeks, KITT has reached a high of $15.66, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -28.46%, while the 200-Day Moving Average is calculated to be -51.88%.
Shares Statistics:
A total of 30.19M shares are outstanding, with a floating share count of 21.17M. Insiders hold about 29.88% of the company’s shares, while institutions hold 0.63% stake in the company.
