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How to Buy Nauticus Robotics Stock

Nauticus Robotics Inc

Nauticus Robotics, Inc. develops and offers ocean robotic solutions and cloud software to the ocean industry.

Nauticus Robotics stock last closed at $0.19, down 4.5% from the previous day, and has decreased 92.17% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.99 percentage points. Nauticus Robotics stock is currently +7.3% from its 52-week low of $0.18, and -92.51% from its 52-week high of $2.55.

As of Apr 24, 2024, there are 62.09M KITT shares outstanding. The market value of KITT is $11.86M. In the past 24 hours, 293,137 KITT shares were traded.

How to Buy Nauticus Robotics Stock

Not sure how to invest in Nauticus Robotics stock? Here's how.
  1. Decide where to buy Nauticus Robotics stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Nauticus Robotics stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Choose your method of payment and add your details.
  4. Research Nauticus Robotics stock: The Nauticus Robotics ticker symbol is KITT. Is Nauticus Robotics stock a good investment? Should you buy shares of KITT? How do KITT's underlying business fundamentals look? Do top analysts think Nauticus Robotics is a good buy? Why has KITT's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if KITT is a good stock to buy).
  5. Place your KITT purchase: Decide if you will purchase KITT shares at the current market price or use a limit order to purchase KITT shares at a specific price.
  6. Monitor your investment in KITT: Create a watchlist to important notifications about your position in Nauticus Robotics stock.

Step 1: Decide where to buy Nauticus Robotics stock

You need a brokerage account to access the NASDAQ market and buy KITT stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal information so you are able to invest in KITT stock today.

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Step 3: Fund your investment account

Now that you have created your account on the best beginner stock app, your next step is to transfer the money for your investment:

Check out the video below for more details depositing funds into your new brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Nauticus Robotics stock

Once you have decided on the best place to buy Nauticus Robotics stock, it's critical to evaluate their stock before you buy, so you actually wrap your head around the risk and opportunity.

Nauticus Robotics quick stats

KITT Price
$0.19
1w %
-13.57%
1y %
-92.17%
5y %
N/A
P/E
-0.15x
P/B
-0.28x
P/S
1.19x
PEG
N/A
Revenue
$6.61M
Earnings
-$50.69M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$11.86M
Next Earnings
May 15, 2024
Next Dividend
N/A

KITT Due Diligence Checks

WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on KITT's stock page.

Is KITT stock properly valued?

Analysts use many financial metrics, analyses, models, and charts to gauge KITT's true value.

You can access more valuation research on KITT's stock here.

KITT Financial Health Overview

Failed Financial Due Diligence Checks:

  • KITT profit margin has gone down from -247.1% to -767.2% in the past year.
  • There are more long-term liabilities than short-term assets on the KITT balance sheet.
  • There are more short-term liabilities than short-term assets on the KITT balance sheet.
  • KITT has cash burn of 33282375. It does not have enough cash and short-term investments to cover this.
  • Total KITT debt is still negative.
  • KITT has $955.22k in cash and short term investments. This is not enough to cover its annual cash burn of $33.28M.
  • KITT debt to equity ratio of -1.63 is negative.

You can dig deeper into what analysts are projecting on the Nauticus Robotics stock forecast page.

KITT Technicals

SMA10
5.44
SMA20
5.58
SMA50
5.72
SMA100
6.15
SMA200
6.45
MACD
-0.13
MACD Signal
-0.11
MACD Histogram
-0.01
RSI
46.73
Stochastic %K
31.32
Stochastic %D
21.99
StochRSI %K
28.78
StochRSI %D
11.14

KITT Earnings

Last year, KITT revenue was $6.61M. During the last three year, KITT's revenue has grown by 86.8% per year. This was faster than the Aerospace & Defense industry average of 7.46%.

You can analyze KITT's earnings and revenue performance here.

Who is buying/selling KITT?

Over the last year, insiders at KITT have sold more shares than they have bought.

William Flores, Director of KITT, was the latest KITT insider to buy. They bought $6,546.32 worth of KITT stock on Apr 15, 2024.

Dig into more about who owns KITT stock here.

Can I rely on KITT as an income stream?

No, Nauticus Robotics doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your KITT purchase

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.

Click the Open Trade button and your broker will place your order.

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Open eToro Account

Step 6: Monitor your investment in KITT

Now that you own some shares in KITT, you'll want to stay up-to-date on your new shares.

Create a watchlist to get notified of the latest news about your KITT stock.

KITT Feed

How to Buy Stock in Nauticus Robotics

To summarize, here are the 6 steps you need to take to buy Nauticus Robotics stock right now:

  1. Decide where to buy Nauticus Robotics stock
  2. Sign up for a brokerage account
  3. Fund your investment account
  4. Research Nauticus Robotics stock
  5. Place your KITT purchase
  6. Monitor your investment in KITT

If you require a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your investment in Nauticus Robotics, create a watchlist on WallStreetZen today.

NASDAQ: KITT
$0.19-0.01 (-4.5%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: KITT
$0.19-0.01 (-4.5%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nauticus Robotics share?

As of Apr 24, 2024, it costs $0.19 to buy one share of Nauticus Robotics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.1, you can buy 0.5 shares of KITT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Nauticus Robotics stock?

One way to place an order for Nauticus Robotics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.