With 49.92 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.48 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $6.04 whereas the lowest price it dropped to was $4.18. The 52-week range on KITT shows that it touched its highest point at $23.79 and its lowest point at $0.82 during that stretch. It currently has a 1-year price target of $360.00. Beta for the stock currently stands at -0.11.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KITT was up-trending over the past week, with a rise of 125.00%, but this was up by 330.09% over a month. Three-month performance surged to 244.68% while six-month performance rose 5.06%. The stock lost -74.86% in the past year, while it has gained 213.55% so far this year.
Float and Shares Shorts:
At present, 5.63 million KITT shares are outstanding with a float of 5.58 million shares on hand for trading. On 2024-12-13, short shares totaled 0.45 million, which was 701.0 higher than short shares on 1731628800. In addition to Mr. John Willis Gibson Jr., B.Sc., BSc Geology, M.Sc., MSc Geology as the firm’s President, CEO & Director, Ms. Victoria Hay serves as its Principal Accounting Officer & Interim CFO.
Institutional Ownership:
Through their ownership of 0.033970002 of KITT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, KITT reported revenue of $370187.0 and operating income of -$5569875.0. The EBITDA in the recently reported quarter was -$7402697.0 and diluted EPS was -$4.24.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KITT since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
Analysts have provided yearly estimates in a range of -$16.2 being high and -$16.2 being low. For KITT, this leads to a yearly average estimate of -$16.2.
