Should You Sell Nukkleus Inc (NUKK) And Go Away This Year?

Nukkleus Inc (NASDAQ:NUKK) currently has a daily average trading volume of 2.95M but it saw 4059853 shares traded in last market. With a market cap of 4.83M USD, the company’s current market price of $0.29 came falling about -13.72 while comparing to the previous closing price of $0.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.88 and as low as $0.18. In the recent trading on the day, stock has struck highest price mark of $0.2654 while lowest mark touched by it was $0.35.

Taking a look at 20-day trading activity of Nukkleus Inc (NUKK) gives us an average price of $0.2418, while its current price level is -97.09% below from 52-week high level whereas it is 64.42% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2917 while that of 200 days or SMA-200 reads an average of $1.2579. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.95% during that period while stretching the period over a month that decreases to 18.74%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.05 which implies that the stock is in neutral territory.

Over the week, NUKK’s stock price is moving 55.96% up while it is -12.78% when we observe its performance for the past one month. Year-to-date it is -89.96% down and over the past year, the stock is showing a downside performance of -96.49%.

Currently, Nukkleus Inc’s total number of outstanding shares is 16.79M. Company’s return on equity (ROE) at -1.63%. Stock’s beta reads -0.32. Its return on asset (ROA) is -1.23% on average.