Estimating Price Trends For Nukkleus Inc (NASDAQ: NUKK)

Nukkleus Inc (NASDAQ:NUKK) does about 2.78M shares in volume on a normal day but saw 8408126 shares change hands in the recent trading day. The company now has a market cap of 5.27M USD. Its current market price is $0.31, marking an increase of 14.82% compared to the previous close of $0.27. The 52 week high reached by this stock is $9.88 whilst the lowest price level in 52 weeks is $0.18.

Nukkleus Inc (NUKK) has a 20-day trading average at $0.2810 and the current price is -96.82% off the 52-week high compared with 79.21% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2833 and its 200-day simple moving average is $0.7608. If we look at the stock’s price movements over the week, volatility stands at 14.66%, which increases to 18.87% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 55.36 to suggest the stock is neutral.

The current price level is 11.66%, 10.78%, and -58.75% away from its SMA20, SMA50, and SMA200 respectively, with the NUKK price moving below the 50-day SMA on current market day. Nukkleus Inc (NUKK) stock is up 1.29% over the week and 64.98% over the past month. Its price is -89.05% year-to-date and -96.23% over the past year.

Outstanding shares total 16.79M with insiders holding 44.05% of the shares and institutional holders owning 1.59% of the company’s common stock. The company has a return on equity of -1.63%. The beta has a value of -0.32.