The closing price of Nauticus Robotics Inc (NASDAQ: KITT) was $0.28 for the day, down -20.00% from the previous closing price of $0.35. In other words, the price has decreased by -$0.0700 from its previous closing price. On the day, 4365251 shares were traded. KITT stock price reached its highest trading level at $0.3198 during the session, while it also had its lowest trading level at $0.2770.
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 0.94 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 1.87 whereas as Long-Term Debt/Eq ratio is at 1.82.
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 02 when Radford Nicolaus sold 19,667 shares for $0.64 per share. The transaction valued at 12,587 led to the insider holds 3,024,921 shares of the business.
Bohan Donnelly A. sold 18,357 shares of KITT for $11,748 on Jan 02. The Chief Operating Officer now owns 117,518 shares after completing the transaction at $0.64 per share. On Jan 02, another insider, Yamokoski John, who serves as the Chief Technology Officer of the company, sold 10,824 shares for $0.64 each. As a result, the insider received 6,927 and left with 746,543 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 17.56M and an Enterprise Value of 42.96M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 4.90 whereas that against EBITDA is -4.01.
Stock Price History:
Over the past 52 weeks, KITT has reached a high of $3.80, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 0.4567, while the 200-Day Moving Average is calculated to be 1.5105.
Shares Statistics:
KITT traded an average of 3.19M shares per day over the past three months and 5.53M shares per day over the past ten days. A total of 47.25M shares are outstanding, with a floating share count of 12.10M. Insiders hold about 75.81% of the company’s shares, while institutions hold 3.14% stake in the company. Shares short for KITT as of Feb 15, 2024 were 246.38k with a Short Ratio of 0.08, compared to 2.8M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.49% and a Short% of Float of 3.06%.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.14 and a low estimate of -$0.14, while EPS last year was -$0.19. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is -$0.27, with 1 analysts recommending between -$0.27 and -$0.27.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $6.1M to a low estimate of $6.1M. As of the current estimate, Nauticus Robotics Inc’s year-ago sales were $3.23M, an estimated increase of 89.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $10M, an increase of 316.70% over than the figure of $89.00% in the same quarter last year. There is a high estimate of $10M for the next quarter, whereas the lowest estimate is $10M.
A total of 1 analysts have provided revenue estimates for KITT’s current fiscal year. The highest revenue estimate was $12.5M, while the lowest revenue estimate was $12.5M, resulting in an average revenue estimate of $12.5M. In the same quarter a year ago, actual revenue was $11.44M, up 9.30% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $70M in the next fiscal year. The high estimate is $70M and the low estimate is $70M. The average revenue growth estimate for next year is up 460.00% from the average revenue estimate for this year.
