Nuburu Inc [AMEX: BURU] stock went on a downward path that fall over -11.74% on Thursday, amounting to a one-week price decrease of less than -28.26%.
Over the last 12 months, BURU stock dropped by -94.72%.
The market cap for the stock reached $6.27 million, with 20.27 million shares outstanding and 12.66 million shares in the current float. Compared to the average trading volume of 7.44M shares, BURU stock reached a trading volume of 4268924 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Nuburu Inc [BURU]:
The Average True Range (ATR) for Nuburu Inc is set at 0.09, with the Price to Sales ratio for BURU stock in the period of the last 12 months amounting to 8.95.
BURU Stock Performance Analysis:
Nuburu Inc [BURU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -28.26. With this latest performance, BURU shares dropped by -45.90% in over the last four-week period, additionally sinking by -80.20% over the last 6 months – not to mention a drop of -94.72% 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 37.73, with the RSI for the last a single of trading hit 30.51, and the three-weeks RSI is set at 41.30 for Nuburu Inc [BURU]. The present Moving Average for the last 50 days of trading for this stock 0.4655, while it was recorded at 0.3661 for the last single week of trading, and 2.1055 for the last 200 days.
Insight into Nuburu Inc Fundamentals:
Nuburu Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.08 and a Current Ratio set at 0.19.
Nuburu Inc [BURU] Institutonal Ownership Details
There are presently around $0.58%, or 0.60%% of BURU stock, in the hands of institutional investors.
