Nuburu Inc (BURU) looking to reclaim success with recent performance

With 2.46 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.16 million shares. During the session, the Specialty Industrial Machinery company that operates in wider Industrials sector, reached to the highest price of $0.1535 whereas the lowest price it dropped to was $0.12. The 52-week range on BURU shows that it touched its highest point at $2.15 and its lowest point at $0.13 during that stretch. Beta for the stock currently stands at -0.06.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BURU was down-trending over the past week, with a drop of -18.89%, but this was down by -22.75% over a month. Three-month performance dropped to -21.32% while six-month performance fell -28.86%. The stock lost -84.54% in the past year, while it has lost -12.22% so far this year.

Float and Shares Shorts:

At present, 38.53 million BURU shares are outstanding with a float of 19.51 million shares on hand for trading. On 2024-04-30, short shares totaled 0.16 million, which was 42.0 higher than short shares on 1711584000. In addition to Mr. Ron Nicol as the firm’s Executive Chairman, Mr. Richard Brian Knaley serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 0.0114 of BURU’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, BURU reported revenue of $374738.0 and operating income of -$4956778.0. The EBITDA in the recently reported quarter was -$4031527.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BURU since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.