Nauticus Robotics, Inc. (NASDAQ:KITT - Get Free Report) shares traded up 0.7% during mid-day trading on Monday . The company traded as high as $1.45 and last traded at $1.43. 43,315 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 551,623 shares. The stock had previously closed at $1.42.
Nauticus Robotics Price Performance
The company's 50 day simple moving average is $1.59 and its 200 day simple moving average is $4.08. The company has a market capitalization of $84.28 million and a PE ratio of -1.05.
Nauticus Robotics (NASDAQ:KITT - Get Free Report) last issued its earnings results on Tuesday, August 13th. The company reported ($4.60) earnings per share (EPS) for the quarter. The firm had revenue of $0.50 million for the quarter.
Hedge Funds Weigh In On Nauticus Robotics
A hedge fund recently bought a new stake in Nauticus Robotics stock. Mercer Global Advisors Inc. ADV bought a new stake in Nauticus Robotics, Inc. (NASDAQ:KITT - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 400,000 shares of the company's stock, valued at approximately $54,000. Mercer Global Advisors Inc. ADV owned 0.64% of Nauticus Robotics as of its most recent SEC filing. Institutional investors and hedge funds own 20.50% of the company's stock.
Nauticus Robotics Company Profile
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Nauticus Robotics, Inc develops ocean robots, cloud software, and services to the ocean industry. The company offers Aquanaut, an autonomous underwater vehicle with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; Olympic Arm, an all-electric manipulator designed for a variety of intervention tasks on work class remotely operated vehicles; and ToolKITT, a software platform, which consists of interrelated products for ocean sensing, manipulation, autonomous behaviors, survey, search and recovery, and manual intervention.
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