Nauticus Robotics Inc (NASDAQ:KITT) shares, rose in value on Friday, March 28, with the stock price up by 1.01% to the previous day’s close as strong demand from buyers drove the stock to $1.00.
Actively observing the price movement in the last trading, the stock closed the session at $0.99, falling within a range of $0.98 and $1.04. The value of beta (5-year monthly) was -0.022. Referring to stock’s 52-week performance, its high was $14.85, and the low was $0.82. On the whole, KITT has fluctuated by -2.91% over the past month.
With the market capitalization of Nauticus Robotics Inc currently standing at about $30.18 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2023-Nov-14.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KITT’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of KITT currently trading nearly -6.28% and -28.21% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.00, while the 7-day volatility ratio is showing 8.67% which for the 30-day chart, stands at 11.01%. Furthermore, Nauticus Robotics Inc (KITT)’s beta value is -0.09, and its average true range (ATR) is 0.14.
A comparison of Nauticus Robotics Inc (KITT) with its peers suggests the former has fared considerably weaker in the market. KITT showed an intraday change of 1.01% in last session, and over the past year, it shrunk by -89.57%%.
Data on historical trading for Nauticus Robotics Inc (NASDAQ:KITT) indicates that the trading volumes over the past 10 days have averaged 1.84 and over the past 3 months, they’ve averaged 9.58 million. According to company’s latest data on outstanding shares, there are 30.19 million shares outstanding.
Nearly 9.49% of Nauticus Robotics Inc’s shares belong to company insiders and institutional investors own 0.63% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.1 million shares as on 2025-03-14, resulting in a short ratio of 0.94. According to the data, the short interest in Nauticus Robotics Inc (KITT) stood at 6730.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 0.86 million. The stock has fallen by -35.48% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KITT stock heading into the next quarter.
