Nauticus Robotics (KITT) Set to Announce Quarterly Earnings on Monday

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

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

Nauticus Robotics Price Performance

KITT stock traded up $0.00 during midday trading on Tuesday, reaching $0.18. 337,900 shares of the stock were exchanged, compared to its average volume of 2,722,568. Nauticus Robotics has a 52 week low of $0.17 and a 52 week high of $2.55. The company has a fifty day moving average price of $0.24 and a 200 day moving average price of $0.69. The stock has a market capitalization of $11.21 million, a PE ratio of -0.12 and a beta of 0.18.

Insiders Place Their Bets

In other news, CEO John W. Gibson, Jr. sold 352,475 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $0.19, for a total transaction of $66,970.25. Following the transaction, the chief executive officer now 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 Securities & Exchange Commission, which is available through the SEC website. Company insiders own 47.90% of the company’s stock.

About Nauticus Robotics

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.