Nukkleus Inc (NUKK) Stock Observes -80.98% 200-Day Moving Average

The stock of Nukkleus Inc (NUKK) has seen a -3.47% decrease in the past week, with a -8.80% drop in the past month, and a -6.67% decrease in the past quarter. The volatility ratio for the week is 10.62%, and the volatility levels for the past 30 days are at 9.57% for NUKK. The simple moving average for the past 20 days is -4.57% for NUKK’s stock, with a -80.98% simple moving average for the past 200 days.

Is It Worth Investing in Nukkleus Inc (NASDAQ: NUKK) Right Now?

The 36-month beta value for NUKK is also noteworthy at -0.17.

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The public float for NUKK is 0.52M, and at present, short sellers hold a 29.56% of that float. The average trading volume of NUKK on May 24, 2024 was 873.19K shares.

NUKK) stock’s latest price update

The stock price of Nukkleus Inc (NASDAQ: NUKK) has dropped by -10.64 compared to previous close of 0.94. Despite this, the company has seen a fall of -3.47% in its stock price over the last five trading days. investorplace.com reported 2024-03-12 that Nukkleus (NASDAQ: NUKK ) stock is rocketing higher on Tuesday alongside heavy trading of the financial technology company’s shares. This has more than 14.8 million shares of NUKK stock changing hands as of this writing.

NUKK Trading at -6.30% from the 50-Day Moving Average

After a stumble in the market that brought NUKK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.35% of loss for the given period.

Volatility was left at 9.57%, however, over the last 30 days, the volatility rate increased by 10.62%, as shares sank -7.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.45% lower at present.

During the last 5 trading sessions, NUKK fell by -3.47%, which changed the moving average for the period of 200-days by -92.59% in comparison to the 20-day moving average, which settled at $0.8766. In addition, Nukkleus Inc saw -70.69% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for NUKK

Current profitability levels for the company are sitting at:

  • -0.2 for the present operating margin
  • -0.0 for the gross margin

The net margin for Nukkleus Inc stands at -0.2. The total capital return value is set at 75.51. Equity return is now at value -1.63, with -1.23 for asset returns.

Based on Nukkleus Inc (NUKK), the company’s capital structure generated 1.02 points at debt to capital in total, while cash flow to debt ratio is standing at -0.18. The debt to equity ratio resting at -66.46. The interest coverage ratio of the stock is 995.23.

Currently, EBITDA for the company is -1.49 million with net debt to EBITDA at 0.29. When we switch over and look at the enterprise to sales, we see a ratio of 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.

Conclusion

In summary, Nukkleus Inc (NUKK) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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