Nauticus Robotics Inc (KITT) is ready for next Episode as it posted an annual sales of 6,610 K

Nauticus Robotics Inc (NASDAQ: KITT) kicked off on Monday, down -15.79% from the previous trading day, before settling in for the closing price of $1.06. Over the past 52 weeks, KITT has traded in a range of $0.85-$61.92.

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A company in the Industrials sector has dropped its sales by -14.08% annually for the last half of the decade. With a float of $5.35 million, this company’s outstanding shares have now reached $6.41 million.

In an organization with 72 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -430.47%, operating margin of -931.93%, and the pretax margin is -2327.61%.

Nauticus Robotics Inc (KITT) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Nauticus Robotics Inc is 16.53%, while institutional ownership is 3.53%. The most recent insider transaction that took place on Apr 12 ’24, was worth 16,156. In this transaction Director of this company bought 70,244 shares at a rate of $0.23, taking the stock ownership to the 70,244 shares. Before that another transaction happened on Apr 15 ’24, when Company’s Director bought 29,756 for $0.22, making the entire transaction worth $6,546. This insider now owns 100,000 shares in total.

Nauticus Robotics Inc (KITT) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 9/30/2023, the organization reported -6.84 earnings per share (EPS), lower than consensus estimate (set at -4.68) by -2.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

Nauticus Robotics Inc (NASDAQ: KITT) Trading Performance Indicators

Take a look at Nauticus Robotics Inc’s (KITT) current performance indicators. Last quarter, stock had a quick ratio of 0.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.38.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -45.62

Technical Analysis of Nauticus Robotics Inc (KITT)

Let’s dig in a bit further. During the last 5-days, its volume was 8.2 million. That was better than the volume of 0.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.37%. Additionally, its Average True Range was 0.13.

During the past 100 days, Nauticus Robotics Inc’s (KITT) raw stochastic average was set at 0.87%, which indicates a significant decrease from 8.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 128.44% in the past 14 days, which was higher than the 122.95% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.3188, while its 200-day Moving Average is $4.8029. However, in the short run, Nauticus Robotics Inc’s stock first resistance to watch stands at $1.0130. Second resistance stands at $1.1334. The third major resistance level sits at $1.2068. If the price goes on to break the first support level at $0.8192, it is likely to go to the next support level at $0.7458. Assuming the price breaks the second support level, the third support level stands at $0.6254.

Nauticus Robotics Inc (NASDAQ: KITT) Key Stats

The company with the Market Capitalisation of 5.72 million has total of 6,407K Shares Outstanding. Its annual sales at the moment are 6,610 K in contrast with the sum of -50,690 K annual income. Company’s last quarter sales were recorded 370 K and last quarter income was -11,360 K.