With 2.21 million shares changed hands, the volume of the stock remained lighter than its average volume of 9.19 million shares. The 52-week range on KITT shows that it touched its highest point at $15.66 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 -0.05.
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 down-trending over the past week, with a drop of -22.07%, but this was down by -42.93% over a month. Three-month performance surged to 3.67% while six-month performance fell -42.93%. The stock lost -88.77% in the past year, while it has lost -27.10% so far this year.
Float and Shares Shorts:
At present, 30.19 million KITT shares are outstanding with a float of 21.17 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. 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. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.