Nukkleus Inc (NUKK): A Technical Analysis

NUKK has 36-month beta value of -0.28.

The public float for NUKK is 8.61M, and currently, short sellers hold a 2.01% ratio of that float. The average trading volume of NUKK on September 20, 2024 was 1.07M shares.

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NUKK) stock’s latest price update

Nukkleus Inc (NASDAQ: NUKK) has experienced a rise in its stock price by 11.70 compared to its previous closing price of 0.18. However, the company has seen a gain of 8.53% 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’s Market Performance

NUKK’s stock has risen by 8.53% in the past week, with a monthly drop of -37.52% and a quarterly drop of -68.01%. The volatility ratio for the week is 11.37% while the volatility levels for the last 30 days are 14.16% for Nukkleus Inc The simple moving average for the past 20 days is -19.48% for NUKK’s stock, with a -84.04% simple moving average for the past 200 days.

NUKK Trading at -31.79% 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 -97.91% of loss for the given period.

Volatility was left at 14.16%, however, over the last 30 days, the volatility rate increased by 11.37%, as shares sank -29.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -44.04% lower at present.

During the last 5 trading sessions, NUKK rose by +8.53%, which changed the moving average for the period of 200-days by -97.94% in comparison to the 20-day moving average, which settled at $0.2517. In addition, Nukkleus Inc saw -92.81% 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:

  • -2.27 for the present operating margin
  • 0.14 for the gross margin

The net margin for Nukkleus Inc stands at -2.31. The total capital return value is set at 1.17. 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 -0.19 points at debt to capital in total, while cash flow to debt ratio is standing at -1.41. The debt to equity ratio resting at -0.16. The interest coverage ratio of the stock is -158.22.

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 0.95. The receivables turnover for the company is 306.83for trailing twelve months and the total asset turnover is 5.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.

Conclusion

To put it simply, Nukkleus Inc (NUKK) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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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