Nuburu Inc (AMEX: BURU) is -34.43% 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 $0.45 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.44, the stock is -18.78% and -8.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing -3.49% at the moment leaves the stock -81.72% off its SMA200. BURU registered -92.12% loss for a year compared to 6-month loss of -61.59%. The firm has a 50-day simple moving average (SMA 50) of $0.4776 and a 200-day simple moving average (SMA200) of $0.560225.
The stock witnessed a 30.71% gain in the last 1 month and extending the period to 3 months gives it a -40.23%, and is -22.09% 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 18.92% over the week and 24.30% over the month.
Nuburu Inc (BURU) has around 46 employees, a market worth around $8.85M and $0.70M in sales. Profit margin for the company is -4006.80%. Distance from 52-week low is 172.69% and -97.20% 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 20.27M, and float is at 19.67M with Short Float at 5.28%. Institutions hold 0.58% of the Float.
