Nuburu Inc (AMEX: BURU) is -15.84% lower on its value in year-to-date trading and has touched a low of $0.16 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 $0.69 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $0.56, the stock is 9.97% and 16.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.02 million and changing -18.95% at the moment leaves the stock -77.79% off its SMA200. BURU registered -90.93% loss for a year compared to 6-month loss of -50.35%. The firm has a 50-day simple moving average (SMA 50) of $0.4806 and a 200-day simple moving average (SMA200) of $0.55183.
The stock witnessed a 36.59% gain in the last 1 month and extending the period to 3 months gives it a -44.55%, and is -15.84% 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 19.24% over the week and 40.54% over the month.
Nuburu Inc (BURU) has around 46 employees, a market worth around $10.99M and $0.70M in sales. Profit margin for the company is -4006.80%. Distance from 52-week low is 250.00% and -96.41% from its 52-week high.
8.0 institutions hold shares in Nuburu Inc (BURU), with institutional investors hold 0.60% of the company’s shares. The shares outstanding are 19.62M, and float is at 19.04M with Short Float at 14.33%. Institutions hold 0.58% of the Float.
