Nuburu Inc [AMEX: BURU] traded at a high on Tuesday, posting a 2.45 gain after which it closed the day’ session at $0.15.
The results of the trading session contributed to over 8089704 shares changing hands. Over the past one week, the price volatility of Nuburu Inc stands at 10.65% while the volatility over the past one month is 10.54%.
The market cap for BURU stock reached $7.56 million, with 48.83 million shares outstanding and 48.40 million shares in the current float. Compared to the average trading volume of 15.80M shares, BURU reached a trading volume of 8089704 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 0.02, with the Price to Sales ratio for BURU stock in the period of the last 12 months amounting to 50.40.
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 10.18. With this latest performance, BURU shares dropped by -2.03% in over the last four-week period, additionally sinking by -62.23% over the last 6 months – not to mention a drop of -97.25% 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 47.25, with the RSI for the last a single of trading hit 51.16, and the three-weeks RSI is set at 44.96 for Nuburu Inc [BURU]. The present Moving Average for the last 50 days of trading for this stock 0.1768, while it was recorded at 0.1500 for the last single week of trading, and 0.5549 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 0.02 and a Current Ratio set at 0.09.