Nuburu Inc (AMEX: BURU) is -77.89% lower on its value in year-to-date trading and has touched a low of $0.13 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 $0.15 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.15, the stock is -11.57% and -25.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.31 million and changing -1.28% at the moment leaves the stock -77.27% off its SMA200. BURU registered -97.87% loss for a year compared to 6-month loss of -77.33%. The firm has a 50-day simple moving average (SMA 50) of $0.1977 and a 200-day simple moving average (SMA200) of $0.58799.
The stock witnessed a -22.17% gain in the last 1 month and extending the period to 3 months gives it a -57.97%, and is -7.48% 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 8.82% over the week and 10.84% over the month.
Nuburu Inc (BURU) has around 8 employees, a market worth around $7.19M and $0.15M in sales. Profit margin for the company is -22688.78%. Distance from 52-week low is 10.60% and -99.06% from its 52-week high.
9.0 institutions hold shares in Nuburu Inc (BURU), with institutional investors hold 0.47% of the company’s shares. The shares outstanding are 48.83M, and float is at 48.40M with Short Float at 1.18%. Institutions hold 0.47% of the Float.
