Nuburu Inc (AMEX: BURU) Now $0.41 Higher From Its Low (0.01), Does It Still Have A Growth Story?

Nuburu Inc (AMEX:BURU) currently has a daily average trading volume of 1.31M but it saw 623324 shares traded in last market. With a market cap of 1.79M USD, the company’s current market price of $0.42 came falling about -3.61 while comparing to the previous closing price of $0.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.60 and as low as $0.41. In the recent trading on the day, stock has struck highest price mark of $0.3938 while lowest mark touched by it was $0.4398.

Taking a look at 20-day trading activity of Nuburu Inc (BURU) gives us an average price of $0.8120, while its current price level is -97.28% below from 52-week high level whereas it is 3.16% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.4565 while that of 200 days or SMA-200 reads an average of $4.6654. A closer look into the stock’s movement over the week reveals that its volatility is standing at 25.12% during that period while stretching the period over a month that decreases to 22.07%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.09 which implies that the stock is in neutral territory.

Over the week, BURU’s stock price is moving -30.48% down while it is -76.70% when we observe its performance for the past one month. Year-to-date it is -92.92% down and over the past year, the stock is showing a downside performance of -97.13%.

Currently, Nuburu Inc’s total number of outstanding shares is 4.22M. Company’s return on equity (ROE) at -335.28%. Stock’s beta reads -0.18. Stock has a price to sale or P/S ratio amounts to 1.05. Its return on asset (ROA) is -254.82% on average.