Nukkleus (NASDAQ:DFNS – Get Free Report) released its quarterly earnings results on Tuesday. The company reported ($180.72) earnings per share for the quarter, missing analysts’ consensus estimates of ($3.11) by ($177.61), Zacks reports.
Nukkleus Stock Performance
DFNS traded down $3.79 during trading on Tuesday, hitting $27.20. The stock had a trading volume of 180,118 shares, compared to its average volume of 1,308,125. The firm has a market cap of $20.67 million, a PE ratio of -0.07 and a beta of -5.80. Nukkleus has a 12 month low of $3.70 and a 12 month high of $1,948.75. The company has a current ratio of 0.25, a quick ratio of 0.21 and a debt-to-equity ratio of 0.07. The company has a 50 day simple moving average of $25.61 and a 200-day simple moving average of $96.91.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on the stock. Noble Financial upgraded shares of Nukkleus to a “strong-buy” rating in a report on Monday, June 29th. Wall Street Zen lowered Nukkleus from a “sell” rating to a “strong sell” rating in a report on Saturday. Finally, Weiss Ratings cut Nukkleus from a “sell (d+)” rating to a “sell (e+)” rating in a research report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Nukkleus has a consensus rating of “Moderate Buy”.
Institutional Investors Weigh In On Nukkleus
Several hedge funds have recently modified their holdings of DFNS. Millennium Management LLC acquired a new stake in shares of Nukkleus in the fourth quarter worth $60,000. Engineers Gate Manager LP acquired a new position in Nukkleus during the 4th quarter valued at $96,000. Price T Rowe Associates Inc. MD bought a new stake in Nukkleus in the 4th quarter valued at $57,000. GM Advisory Group LLC bought a new stake in Nukkleus in the 4th quarter valued at $56,000. Finally, State Street Corp grew its position in Nukkleus by 70.7% in the 4th quarter. State Street Corp now owns 17,863 shares of the company’s stock worth $72,000 after purchasing an additional 7,400 shares during the last quarter. 12.47% of the stock is owned by institutional investors.
Nukkleus Company Profile
Nukkleus Inc, a financial technology company, provides blockchain-enabled technology solutions worldwide. It focuses on providing software and technology solutions for retail foreign exchange trading industry. The company provides transactions platform for dealing and risk management services. It also offers cross-border payment and transactions solutions and blockchain-enabled financial services solutions to institutional investors. In addition, the company provides software, technology, customer sales and marketing, and risk management technology hardware and software solutions.
Featured Stories
- Five stocks we like better than Nukkleus
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for Nukkleus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nukkleus and related companies with MarketBeat.com's FREE daily email newsletter.
