Nuburu Inc [AMEX: BURU] surged by $0.01 during the normal trading session on while it closed the day at $0.16.
Nuburu Inc stock has also gained 2.54% of its value over the past 7 days. However, BURU stock has declined by -47.72% in the 3 months of the year. Over the past six months meanwhile, it has lost -72.35% and lost -75.73% year-on date.
The market cap for BURU stock reached $7.88 million, with 48.83 million shares outstanding and 48.40 million shares in the current float. Compared to the average trading volume of 15.85M shares, BURU reached a trading volume of 4837978 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Nuburu Inc [BURU]:
The Average True Range (ATR) for Nuburu Inc is set at 0.02, with the Price to Sales ratio for BURU stock in the period of the last 12 months amounting to 52.55.
BURU stock trade performance evaluation
Nuburu Inc [BURU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.54. With this latest performance, BURU shares dropped by -9.73% in over the last four-week period, additionally sinking by -72.35% over the last 6 months – not to mention a drop of -97.80% 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 42.88, with the RSI for the last a single of trading hit 46.46, and the three-weeks RSI is set at 42.25 for Nuburu Inc [BURU]. The present Moving Average for the last 50 days of trading for this stock 0.1970, while it was recorded at 0.1555 for the last single week of trading, and 0.6423 for the last 200 days.
Nuburu Inc [BURU]: An insightful look at the core fundamentals
Nuburu Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.02 and a Current Ratio set at 0.09.
Nuburu Inc [BURU]: Institutional Ownership
There are presently around $0.47%, or 0.47%% of BURU stock, in the hands of institutional investors.