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Nuburu Inc (BURU) Stock Could Soon Reward Patient Investors


Nuburu Inc (AMEX: BURU) is -7.48% lower on its value in year-to-date trading and has touched a low of $0.11 and a high of $2.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BURU stock was last observed hovering at around $0.17 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $0.14, the stock is -17.19% and -13.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.23 million and changing -18.58% at the moment leaves the stock -41.57% off its SMA200. BURU registered -83.11% loss for a year compared to 6-month loss of -38.17%.

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The stock witnessed a -18.19% gain in the last 1 month and extending the period to 3 months gives it a -17.02%, and is 5.40% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 49.91% over the week and 26.32% over the month.

Profit margin for the company is -951.07%. Distance from 52-week low is 25.91% and -93.56% from its 52-week high. The company has generated returns on investments over the last 12 months (-704.25%).


Nuburu Inc (BURU) Top Institutional Holders

The shares outstanding are 38.54M, and float is at 19.53M with Short Float at 0.83%.

Nuburu Inc (BURU) Insider Activity

The most recent transaction is an insider sale by Seldin David,the company’s10% Owner. SEC filings show that Seldin David sold 2,400 shares of the company’s common stock on Aug 11 ’23 at a price of $0.69 per share for a total of $1664.0. Following the sale, the insider now owns 6378.0 shares.

Nuburu Inc disclosed in a document filed with the SEC on Aug 10 ’23 that Seldin David (10% Owner) sold a total of 586,129 shares of the company’s common stock. The trade occurred on Aug 10 ’23 and was made at $0.74 per share for $0.43 million. Following the transaction, the insider now directly holds 6380.0 shares of the BURU stock.

Still, SEC filings show that on Aug 09 ’23, Seldin David (10% Owner) disposed off 35,824 shares at an average price of $0.68 for $24414.0. The insider now directly holds 6,768 shares of Nuburu Inc (BURU).

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