Financial Analysis: Nauticus Robotics Inc (KITT)’s Ratios Unveil Key Insights

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As of close of business last night, Nauticus Robotics Inc’s stock clocked out at $1.09, up 19.75% from its previous closing price of $0.91. In other words, the price has increased by $19.75 from its previous closing price. On the day, 36.93 million shares were traded. KITT stock price reached its highest trading level at $1.11 during the session, while it also had its lowest trading level at $0.965.

Ratios:

To gain a deeper understanding of KITT’s stock, we examine its different ratios. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 12 ’24 when FLORES WILLIAM bought 70,244 shares for $0.23 per share. The transaction valued at 16,156 led to the insider holds 70,244 shares of the business.

FLORES WILLIAM bought 29,756 shares of KITT for $6,546 on Apr 15 ’24. The Director now owns 100,000 shares after completing the transaction at $0.22 per share. On Mar 13 ’24, another insider, GIBSON JOHN W JR, who serves as the Interim CEO of the company, sold 352,475 shares for $0.19 each. As a result, the insider received 66,970 and left with 615,305 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 6984153 and an Enterprise Value of 51572216. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.91. Its current Enterprise Value per Revenue stands at 21.49 whereas that against EBITDA is -1.812.

Stock Price History:

Over the past 52 weeks, KITT has reached a high of $61.92, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is -19.64%, while the 200-Day Moving Average is calculated to be -78.06%.

Shares Statistics:

It appears that KITT traded 204.31K shares on average per day over the past three months and 289270 shares per day over the past ten days. A total of 6.41M shares are outstanding, with a floating share count of 5.35M. Insiders hold about 16.53% of the company’s shares, while institutions hold 3.53% stake in the company. Shares short for KITT as of 1730332800 were 151157 with a Short Ratio of 0.74, compared to 1727654400 on 131690. Therefore, it implies a Short% of Shares Outstanding of 151157 and a Short% of Float of 3.7900000000000005.

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