Nuburu Inc [AMEX: BURU] gained 13.86% or 0.05 points to close at $0.43 with a heavy trading volume of 13204164 shares.
The daily chart for BURU points out that the company has recorded -59.53% loss over the past six months.
If we look at the average trading volume of 7.84M shares, BURU reached to a volume of 13204164 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 0.11, with the Price to Sales ratio for BURU stock in the period of the last 12 months amounting to 12.48.
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 -4.76. With this latest performance, BURU shares dropped by -1.62% in over the last four-week period, additionally sinking by -59.53% over the last 6 months – not to mention a drop of -92.38% 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 45.36, with the RSI for the last a single of trading hit 42.64, and the three-weeks RSI is set at 46.47 for Nuburu Inc [BURU]. The present Moving Average for the last 50 days of trading for this stock 0.4708, while it was recorded at 0.4252 for the last single week of trading, and 2.2692 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 0.08 and a Current Ratio set at 0.19.
An analysis of Institutional ownership at Nuburu Inc [BURU]
There are presently around $0.58%, or 0.60%% of BURU stock, in the hands of institutional investors.
