Nauticus Robotics (KITT) to Release Earnings on Monday

Nauticus Robotics (NASDAQ:KITT) is set to post its quarterly earnings results after the market closes on Monday, May 13th.

Nauticus Robotics (NASDAQ:KITT) last released its earnings results on Tuesday, April 9th. The company reported ($0.48) earnings per share for the quarter. The business had revenue of $1.06 million during the quarter.

Nauticus Robotics Trading Up 0.9 %

Shares of NASDAQ KITT traded up $0.00 during mid-day trading on Tuesday, reaching $0.18. The company had a trading volume of 337,900 shares, compared to its average volume of 2,722,568. Nauticus Robotics has a 1-year low of $0.17 and a 1-year high of $2.55. The company has a 50-day moving average price of $0.24 and a two-hundred day moving average price of $0.69. The stock has a market cap of $11.21 million, a PE ratio of -0.12 and a beta of 0.18.

Insider Transactions at Nauticus Robotics

In related news, CEO John W. Gibson, Jr. sold 352,475 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $0.19, for a total transaction of $66,970.25. Following the completion of the sale, the chief executive officer now directly owns 615,305 shares of the company’s stock, valued at approximately $116,907.95. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 47.90% of the stock is currently owned by company insiders.

Nauticus Robotics Company Profile

Nauticus Robotics, Inc develops and provides ocean robots, software, and services to the ocean industry. The company offers Aquanaut, an autonomous underwater vehicle (AUV) with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; and Argonaut, a derivative product of the Aquanaut that is used for non-industrial and government applications.