Nuburu Inc (BURU) At $0.67 Offering A Unique Opportunity

Nuburu Inc (AMEX:BURU) currently has a daily average trading volume of 11.42M but it saw 3735707 shares traded in last market. With a market cap of 10.91M USD, the company’s current market price of $0.67 came falling about -16.43 while comparing to the previous closing price of $0.80. 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 $0.6151 while lowest mark touched by it was $0.805.

Taking a look at 20-day trading activity of Nuburu Inc (BURU) gives us an average price of $0.4425, while its current price level is -95.73% below from 52-week high level whereas it is 315.88% 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 $0.4702 while that of 200 days or SMA-200 reads an average of $2.6514. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.62% during that period while stretching the period over a month that increases to 37.95%. 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 59.74 which implies that the stock is in neutral territory.

Over the week, BURU’s stock price is moving 56.31% up while it is 42.33% when we observe its performance for the past one month. Year-to-date it is -88.89% down and over the past year, the stock is showing a downside performance of -88.89%.

Currently, Nuburu Inc’s total number of outstanding shares is 19.62M. Stock’s beta reads -0.44. Stock has a price to sale or P/S ratio amounts to 15.58. Its return on asset (ROA) is -257.02% on average.