Nuburu Inc (AMEX: BURU) is -71.77% lower on its value in year-to-date trading and has touched a low of $0.13 and a high of $4.45 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 $0.31 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.31, the stock is -5.21% and 7.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.85 million and changing 1.72% at the moment leaves the stock -11.62% off its SMA200. BURU registered -52.80% loss for a year compared to 6-month loss of -27.79%. The firm has a 50-day simple moving average (SMA 50) of $0.29188 and a 200-day simple moving average (SMA200) of $0.355435.
The stock witnessed a -8.32% gain in the last 1 month and extending the period to 3 months gives it a 94.49%, and is 3.25% 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 6.14% over the week and 11.42% over the month.
Nuburu Inc (BURU) has around 8 employees, a market worth around $23.10M and $0.06M in sales. Profit margin for the company is -65049.77%. Distance from 52-week low is 136.17% and -92.94% from its 52-week high.
12.0 institutions hold shares in Nuburu Inc (BURU), with institutional investors hold 1.43% of the company’s shares. The shares outstanding are 73.55M, and float is at 72.89M with Short Float at 18.24%. Institutions hold 1.27% of the Float.
