Nauticus Robotics Inc (NASDAQ:KITT) shares traded 5.48% higher at $3.08 on Wall Street last session.
KITT stock price is now 111.92% away from the 50-day moving average and -14.68% away from the 200-day moving average. The market capitalization of the company currently stands at $19.74M.
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With the price target maintained at $2.50, Chardan Capital Markets recently Downgraded its rating from Buy to Neutral for Nauticus Robotics Inc (NASDAQ: KITT). On October 06, 2022, ROTH Capital recently initiated its ‘Buy’ rating on the stock quoting a target price of $10
In other news, GIBSON JOHN W JR, Interim CEO sold 3,190 shares of the company’s stock on Jan 06 ’25. The stock was sold for $19,236 at an average price of $6.03. Upon completion of the transaction, the Interim CEO now directly owns 94,606 shares in the company, valued at $0.29 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 10 ’24, Interim CFO Hay Victoria sold 359 shares of the business’s stock. A total of $384 was realized by selling the stock at an average price of $1.07. This leaves the insider owning 753 shares of the company worth $2319.24. A total of 12.93% of the company’s stock is owned by insiders.
During the past 12 months, Nauticus Robotics Inc has had a low of $0.82 and a high of $23.79. The fifty day moving average price for KITT is $1.4534 and a two-hundred day moving average price translates $3.610975 for the stock.
The latest earnings results from Nauticus Robotics Inc (NASDAQ: KITT) was released for 2024-09-30. The company reported revenue of $0.37 million for the quarter, compared to $1.59 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -76.79 percent.
