Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $1.06 in the prior trading day, Nauticus Robotics Inc (NASDAQ: KITT) closed at $0.89, down -15.79%. In other words, the price has decreased by -$15.79 from its previous closing price. On the day, 0.87 million shares were traded. KITT stock price reached its highest trading level at $1.06 during the session, while it also had its lowest trading level at $0.8662.
Ratios:
Our goal is to gain a better understanding of KITT by taking a closer look at 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:
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 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 5719316 and an Enterprise Value of 51379992. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38. Its current Enterprise Value per Revenue stands at 21.41 whereas that against EBITDA is -1.806.
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 -32.32%, while the 200-Day Moving Average is calculated to be -81.42%.
Shares Statistics:
The stock has traded on average 803.25K shares per day over the past 3-months and 4189270 shares per day over the last 10 days, according to various share statistics. 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 0.19, compared to 1727654400 on 131690. Therefore, it implies a Short% of Shares Outstanding of 151157 and a Short% of Float of 3.7900000000000005.
