Nauticus Robotics (KITT) Stock Price, News & Analysis

Company Overview

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. The company was founded in 2014 and is headquartered in Webster, Texas.

Key Stats

• Today's Range: $0.97 to $1.24
• 50-Day Range: $0.89 to $1.52
• 52-Week Range: $0.85 to $45.72
• Volume: 7.89 million shs
• Average Volume: 741,169 shs
• Market Capitalization: $7.82 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Nauticus Robotics Stock Analysis - MarketRank™

Nauticus Robotics scored higher than 25% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Nauticus Robotics.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Nauticus Robotics is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nauticus Robotics is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.80% of the float of Nauticus Robotics has been sold short.

Short Interest Ratio / Days to Cover

Nauticus Robotics has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nauticus Robotics has recently increased by 69.91%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Nauticus Robotics does not currently pay a dividend.

Dividend Growth

Nauticus Robotics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.80% of the float of Nauticus Robotics has been sold short.

Short Interest Ratio / Days to Cover

Nauticus Robotics has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nauticus Robotics has recently increased by 69.91%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 0.94

News Sentiment

Nauticus Robotics has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.84 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Nauticus Robotics this week, compared to 1 article on an average week.

Search Interest

2 people have searched for KITT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

1 people have added Nauticus Robotics to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Nauticus Robotics insiders have bought 5,421.27% more of their company's stock than they have sold. Specifically, they have bought $53,722.00 in company stock and sold $973.00 in company stock.

Percentage Held by Insiders

12.00% of the stock of Nauticus Robotics is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 20.50% of the stock of Nauticus Robotics is held by institutions.

KITT Stock Analysis - Frequently Asked Questions

How have KITT shares performed this year?

Nauticus Robotics' stock was trading at $24.4008 at the beginning of 2024. Since then, KITT stock has decreased by 95.3% and is now trading at $1.1406.
View the best growth stocks for 2024 here.

How were Nauticus Robotics' earnings last quarter?

Nauticus Robotics, Inc. (NASDAQ:KITT) issued its quarterly earnings results on Monday, May, 13th. The company reported ($8.28) earnings per share (EPS) for the quarter. The firm earned $0.46 million during the quarter.

When did Nauticus Robotics' stock split?

Nauticus Robotics shares reverse split on the morning of Tuesday, July 23rd 2024. The 1-36 reverse split was announced on Tuesday, July 23rd 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, July 23rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

How do I buy shares of Nauticus Robotics?

Shares of KITT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Nauticus Robotics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nauticus Robotics investors own include Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), NVIDIA (NVDA), Meta Platforms (META), Vanguard FTSE Emerging Markets ETF (VWO) and ARK Innovation ETF (ARKK).

Company Calendar

• Last Earnings: 5/13/2024
• Today: 12/03/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 4/08/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: General industrial machinery,
• Sub-Industry: Machinery
• Current Symbol: NASDAQ:KITT
• CUSIP: N/A
• CIK: 1849820
• Web: www.nauticusrobotics.com
• Phone: 281-942-9069
• Fax: N/A
• Employees: 4
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($55.1918)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-50,690,000.00
• Net Margins: -2,327.46%
• Pretax Margin: -1,733.71%
• Return on Equity: N/A
• Return on Assets: -132.88%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.56
• Quick Ratio: 0.39

Sales & Book Value

• Annual Sales: $6.61 million
• Price / Sales: 1.09
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($30.04) per share
• Price / Book: -0.04

Miscellaneous

• Outstanding Shares: 6,410,000
• Free Float: 5,638,000
• Market Cap: $7.18 million
• Optionable: Not Optionable
• Beta: -0.02