The price of Nauticus Robotics Inc (NASDAQ:KITT) shares last traded on Wall Street fell -2.68% to $1.09.
KITT stock price is now 0.95% away from the 50-day moving average and -35.12% away from the 200-day moving average. The market capitalization of the company currently stands at $38.32M.
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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 6,919 shares of the company’s stock on Feb 21 ’25. The stock was sold for $7,680 at an average price of $1.11. Upon completion of the transaction, the Interim CEO now directly owns 107,132 shares in the company, valued at $0.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 06 ’25, Interim CEO GIBSON JOHN W JR sold 3,190 shares of the business’s stock. A total of $19,236 was realized by selling the stock at an average price of $6.03. This leaves the insider owning 94,606 shares of the company worth $0.1 million. A total of 10.52% 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 $14.85. The fifty day moving average price for KITT is $1.07976 and a two-hundred day moving average price translates $1.679905 for the stock.
The latest earnings results from Nauticus Robotics Inc (NASDAQ: KITT) was released for 2024-12-31. The company reported revenue of $0.47 million for the quarter, compared to $1.06 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -55.73 percent.
