Nauticus Robotics Inc [KITT] stock is trading at $1.63, up 5.16%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KITT shares have gain 4.49% over the last week, with a monthly amount drifted -66.46%, and not 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 $15.66 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 $1.63 at the most recent close of the market. An investor can expect a potential return of 53.37% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.3.
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 1.5200 points at the first support level, and at 1.4100 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7550, and for the 2nd resistance point, it is at 1.8800.
Ratios To Look Out For
For context, Nauticus Robotics Inc’s Current Ratio is 0.56. As well, the Quick Ratio is 0.39, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 20.50.
Transactions by insiders
Recent insider trading involved GIBSON JOHN W JR, Interim CEO, that happened on Jan 06 ’25 when 3190.0 shares were sold. Interim CFO, Hay Victoria completed a deal on Dec 10 ’24 to sell 359.0 shares. Meanwhile, Interim CEO GIBSON JOHN W JR bought 52157.0 shares on Nov 26 ’24.
