Nukkleus Inc (NUKK) Down -97.13% From Its 52-Week High, But Growth Potential Is Changing Over Time

Nukkleus Inc (NASDAQ:NUKK) currently has a daily average trading volume of 2.92M but it saw 1003892 shares traded in last market. With a market cap of 4.77M USD, the company’s current market price of $0.28 came falling about -4.73 while comparing to the previous closing price of $0.30. 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 $0.27 while lowest mark touched by it was $0.3221.

Taking a look at 20-day trading activity of Nukkleus Inc (NUKK) gives us an average price of $0.2963, while its current price level is -97.13% below from 52-week high level whereas it is 62.19% 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 $0.2824 while that of 200 days or SMA-200 reads an average of $0.7236. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.19% during that period while stretching the period over a month that decreases to 19.70%. 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 49.14 which implies that the stock is in neutral territory.

Over the week, NUKK’s stock price is moving 3.05% up while it is 53.85% when we observe its performance for the past one month. Year-to-date it is -90.09% down and over the past year, the stock is showing a downside performance of -96.56%.

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.