Nukkleus (NASDAQ:NUKK) Downgraded to “Sell” Rating by Wall Street Zen

Wall Street Zen downgraded shares of Nukkleus (NASDAQ:NUKK) from a hold rating to a sell rating in a report issued on Thursday.

Nukkleus Stock Performance

Shares of NUKK stock opened at $20.02 on Thursday. The firm’s 50 day moving average is $14.84 and its 200 day moving average is $15.90. Nukkleus has a 12 month low of $1.30 and a 12 month high of $78.32.

Institutional Trading of Nukkleus

A hedge fund recently bought a new stake in Nukkleus stock. Compagnie Lombard Odier SCmA purchased a new position in Nukkleus Inc. (NASDAQ:NUKK) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,200 shares of the company’s stock, valued at approximately $74,000. Compagnie Lombard Odier SCmA owned about 0.13% of Nukkleus at the end of the most recent reporting period. 12.47% of the stock is owned by institutional investors and hedge funds.

About Nukkleus

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.