Nuburu Inc (BURU) Down -97.69% From Its 52-Week High, But Growth Potential Is Changing Over Time

Nuburu Inc (AMEX:BURU) currently has a daily average trading volume of 10.32M but it saw 18336690 shares traded in last market. With a market cap of 7.06M USD, the company’s current market price of $0.36 came rising about 32.93 while comparing to the previous closing price of $0.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.60 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.2763 while lowest mark touched by it was $0.38.

Taking a look at 20-day trading activity of Nuburu Inc (BURU) gives us an average price of $0.4147, while its current price level is -97.69% below from 52-week high level whereas it is 125.06% 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 $0.5280 while that of 200 days or SMA-200 reads an average of $2.8597. A closer look into the stock’s movement over the week reveals that its volatility is standing at 53.13% during that period while stretching the period over a month that decreases to 29.55%. 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 45.71 which implies that the stock is in neutral territory.

Over the week, BURU’s stock price is moving 45.20% up while it is -16.59% when we observe its performance for the past one month. Year-to-date it is -93.99% down and over the past year, the stock is showing a downside performance of -93.38%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Nuburu Inc’s total number of outstanding shares is 19.62M. Company’s return on equity (ROE) at -335.28%. Stock’s beta reads -0.17. Stock has a price to sale or P/S ratio amounts to 10.08. Its return on asset (ROA) is -257.02% on average.