Nuburu Inc (BURU) Stock Could Soon Reward Patient Investors

Nuburu Inc (AMEX: BURU) is -91.25% lower on its value in year-to-date trading and has touched a low of $0.39 and a high of $15.60 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 $0.51 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $0.52, the stock is -26.40% and -19.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.88 million and changing 2.75% at the moment leaves the stock -86.03% off its SMA200. BURU registered -94.80% loss for a year compared to 6-month loss of -93.18%. The firm has a 50-day simple moving average (SMA 50) of $0.66306 and a 200-day simple moving average (SMA200) of $0.48066.

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The stock witnessed a 11.25% gain in the last 1 month and extending the period to 3 months gives it a -85.82%, and is -10.27% down 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 21.53% over the week and 38.21% over the month.

Nuburu Inc (BURU) has around 46 employees, a market worth around $2.50M and $1.71M in sales. Profit margin for the company is -1266.14%. Distance from 52-week low is 35.68% and -96.64% from its 52-week high.