Nuburu Inc [AMEX: BURU] slipped around -0.04 points on Monday, while shares priced at $0.19 at the close of the session, down -16.48%.
Compared to the average trading volume of 878.67K shares, BURU reached a trading volume of 10895203 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Nuburu Inc [BURU]?
The Average True Range (ATR) for Nuburu Inc is set at 0.03, with the Price to Sales ratio for BURU stock in the period of the last 12 months amounting to 4.33.
How has BURU stock performed recently?
Nuburu Inc [BURU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.57. With this latest performance, BURU shares gained by 14.35% in over the last four-week period, additionally sinking by -23.74% over the last 6 months – not to mention a drop of -78.94% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BURU stock in for the last two-week period is set at 55.95, with the RSI for the last a single of trading hit 54.91, and the three-weeks RSI is set at 55.82 for Nuburu Inc [BURU]. The present Moving Average for the last 50 days of trading for this stock 0.1600, while it was recorded at 0.1965 for the last single week of trading, and 0.2598 for the last 200 days.
Nuburu Inc [BURU]: Deeper insight into the fundamentals
Nuburu Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.41 and a Current Ratio set at 0.58.
Insider trade positions for Nuburu Inc [BURU]
The top three institutional holders of BURU stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in BURU stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in BURU stock with ownership which is approximately 5.8386%.
