Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nauticus Robotics Inc shares valued at $19,236 were sold by GIBSON JOHN W JR on Jan 06 ’25. At $6.03 per share, GIBSON JOHN W JR sold 3,190 shares. The insider’s holdings dropped to 94,606 shares worth approximately $0.15 million following the completion of this transaction.
Also, Hay Victoria sold 359 shares, netting a total of over 384 in proceeds. Following the sale of shares at $1.07 each, the insider now holds 753 shares.
Before that, GIBSON JOHN W JR had added 52,157 shares to its account. In a trade valued at $53,972, the Interim CEO bought Nauticus Robotics Inc shares for $1.03 each. Upon closing the transaction, the insider’s holdings increased to 52,157 shares, worth approximately $0.12 million.
As published in a research note from Chardan Capital Markets on May 12, 2023, Nauticus Robotics Inc [KITT] has been rated down from a Buy to a Neutral and the price target has been revised to $2.50. Analysts at ROTH Capital started covering the stock with ‘”a Buy”‘ outlook in a report released in early October.
Analyzing KITT Stock Performance
During the last five days, there has been a surge of approximately 4.49%. Over the course of the year, Nauticus Robotics Inc shares have jumped approximately 5.16%. Shares of the company reached a 52-week high of $6.0400 on 01/06/25 and a 52-week low of $1.4200 on 02/05/25. A 50-day SMA is recorded $1.7169, while a 200-day SMA reached $2.9581. Nevertheless, trading volume fell to 8.28 million shares from 4.56 million shares the previous day.
Support And Resistance Levels for Nauticus Robotics Inc (KITT)
According to the 24-hour chart, there is a support level at 1.5200, which, if violated, would cause prices to drop to 1.4100. In the upper region, resistance lies at 1.7550. The next price resistance is at 1.8800. RSI (Relative Strength Index) is 45.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.2283, which suggests the price will decrease in the coming days. Percent R is at 81.58%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
