DnB Asset Management AS Invests $82,000 in Nauticus Robotics, Inc. (NASDAQ:KITT)

DnB Asset Management AS acquired a new position in Nauticus Robotics, Inc. (NASDAQ:KITT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 52,880 shares of the company’s stock, valued at approximately $82,000.

Nauticus Robotics Price Performance

NASDAQ KITT opened at $1.09 on Thursday. The company has a 50 day simple moving average of $1.31 and a 200-day simple moving average of $1.45. Nauticus Robotics, Inc. has a 52-week low of $0.82 and a 52-week high of $14.85. The firm has a market capitalization of $6.98 million, a price-to-earnings ratio of -0.02 and a beta of -0.02.

Nauticus Robotics Company Profile

Nauticus Robotics, Inc develops ocean robots, cloud software, and services to the ocean industry. The company offers Aquanaut, an autonomous underwater vehicle with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; Olympic Arm, an all-electric manipulator designed for a variety of intervention tasks on work class remotely operated vehicles; and ToolKITT, a software platform, which consists of interrelated products for ocean sensing, manipulation, autonomous behaviors, survey, search and recovery, and manual intervention.