Market cap of Nuburu Inc [BURU] reaches 5.81M – now what?

Nuburu Inc [AMEX: BURU] gained 1.14% or 0.0 points to close at $0.15 with a heavy trading volume of 27438032 shares.

The daily chart for BURU points out that the company has recorded -15.10% loss over the past six months.

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If we look at the average trading volume of 15.00M shares, BURU reached to a volume of 27438032 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Nuburu Inc [BURU]:

The Average True Range (ATR) for Nuburu Inc is set at 0.05, with the Price to Sales ratio for BURU stock in the period of the last 12 months amounting to 3.40.

Trading performance analysis for BURU stock

Nuburu Inc [BURU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.35. With this latest performance, BURU shares gained by 0.80% in over the last four-week period, additionally sinking by -15.10% over the last 6 months – not to mention a drop of -77.51% 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 47.60, with the RSI for the last a single of trading hit 46.13, and the three-weeks RSI is set at 48.27 for Nuburu Inc [BURU]. The present Moving Average for the last 50 days of trading for this stock 0.1639, while it was recorded at 0.1683 for the last single week of trading, and 0.2106 for the last 200 days.

Nuburu Inc [BURU]: A deeper dive into fundamental analysis

Nuburu Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.41 and a Current Ratio set at 0.58.

An analysis of Institutional ownership at 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%.

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