Nauticus Robotics Inc [KITT] stock is trading at $2.16, up 21.35%. An important factor to consider is whether the stock is rising or falling in short-term value. The KITT shares have gain 150.81% over the last week, with a monthly amount glided 111.76%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nauticus Robotics Inc [NASDAQ: KITT] stock has seen the most recent analyst activity on May 12, 2023, when Chardan Capital Markets downgraded its rating to a Neutral but kept the price target unchanged to $2.50 for it. Previously, ROTH Capital started tracking the stock with Buy rating on October 06, 2022, and set its price target to $10.
Nauticus Robotics Inc [KITT] stock has fluctuated between $0.82 and $28.36 over the past year. Currently, Wall Street analysts expect the stock to reach $2.5 within the next 12 months. Nauticus Robotics Inc [NASDAQ: KITT] shares were valued at $2.16 at the most recent close of the market. An investor can expect a potential return of 15.74% based on the average KITT price forecast.
Analyzing the KITT fundamentals
Nauticus Robotics Inc [NASDAQ:KITT] reported sales of 2.40M for the trailing twelve months, which represents a drop of -76.77%. Gross Profit Margin for this corporation currently stands at -4.3% with Operating Profit Margin at -9.32%, Pretax Profit Margin comes in at -23.28%, and Net Profit Margin reading is -23.28%. To continue investigating profitability, this company’s Return on Assets is posted at -2.24, Equity is 1.52 and Total Capital is -1.89. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.78 points at the first support level, and at 1.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.61, and for the 2nd resistance point, it is at 3.05.
Ratios To Look Out For
For context, Nauticus Robotics Inc’s Current Ratio is 0.56. On the other hand, the Quick Ratio is 0.39, and the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 7.00.
Transactions by insiders
Recent insider trading involved Hay Victoria, Interim CFO, that happened on Dec 10 ’24 when 359.0 shares were sold. Interim CEO, GIBSON JOHN W JR completed a deal on Nov 26 ’24 to buy 52157.0 shares. Meanwhile, Interim CEO GIBSON JOHN W JR sold 766.0 shares on Oct 09 ’24.
