Nuburu Inc (BURU) distance from 200-day Simple Moving Average is $0.2533: Right on the Precipice

Nuburu Inc (AMEX: BURU) started the day on Thursday, with a price decrease of -5.02% at $0.14, before settling in for the price of $0.15 at the close. Taking a more long-term approach, BURU posted a 52-week range of $0.13-$2.15.

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This publicly-traded company’s shares outstanding now amounts to $38.53 million, simultaneously with a float of $19.51 million. The organization now has a market capitalization sitting at $5.47 million. At the time of writing, stock’s 50-day Moving Average stood at $0.1599, while the 200-day Moving Average is $0.2533.

Nuburu Inc (BURU) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Specialty Industrial Machinery Industry. Nuburu Inc’s current insider ownership accounts for 49.38%, in contrast to 1.41% institutional ownership. According to the most recent insider trade that took place on Aug 11 ’23, this organization’s 10% Owner sold 2,400 shares at the rate of 0.69, making the entire transaction reach 1,664 in total value, affecting insider ownership by 6,378. Preceding that transaction, on Aug 10 ’23, Company’s 10% Owner sold 586,129 for 0.74, making the whole transaction’s value amount to 434,204. This particular insider is now the holder of 6,380 in total.

Nuburu Inc (AMEX: BURU) Trading Performance Indicators

Let’s observe the current performance indicators for Nuburu Inc (BURU). It’s Quick Ratio in the last reported quarter now stands at 0.41. The Stock has managed to achieve an average true range (ATR) of 0.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.20.

In the same vein, BURU’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.51.

Technical Analysis of Nuburu Inc (BURU)

If we take a close look at the recent performances of Nuburu Inc (AMEX: BURU), its last 5-days Average volume was 3.76 million that shows progress from its year to date volume of 1.28 million. During the previous 9 days, stock’s Stochastic %D was recorded 7.63% While, its Average True Range was 0.0316.

Raw Stochastic average of Nuburu Inc (BURU) in the period of the previous 100 days is set at 11.69%, which indicates a major rise in contrast to 3.96% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 142.67% that was higher than 122.16% volatility it exhibited in the past 100-days period.