The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded an increase of 28.32%. However, over the last six months, the performance has been stronger by -23.74%. The price of BURU increased 14.35% over the last 30 days. And in the last five days, it has surged by 4.57%.
Nuburu Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $2.15 on 08/08/23, while the lowest price for the same duration was marked at $0.13 on 01/17/24.
52-week price history of BURU Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Nuburu Inc’s current trading price is -91.07% away from its 52-week high, while its distance from the 52-week low is 53.31%. The stock’s price range during this period has varied between$0.13 and $2.15. The Nuburu Inc’s shares, which operate in the Industrials, saw a trading volume of around 10.9 million for the day, a figure considerably higher than their average daily volume of 0.88 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nuburu Inc (BURU) has experienced a quarterly rise of 27.98% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.40M.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1560, with a change in price of +0.0321. Similarly, Nuburu Inc recorded 1,326,665 in trading volume during the last 100 days, posting a change of +20.06%.
BURU Stock Stochastic Average
Nuburu Inc’s raw stochastic average for the past 50 days is presently 42.90%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 35.65%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 68.66% and 62.03%, respectively.
