Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant gain of 4.84% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -48.71%. Over the past 30 days, the price of BURU has fallen by 54.95%. And in the last five days, it has surged by 57.47%.
Nuburu Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $15.60 on 05/17/24, while the lowest price for the same duration was marked at $0.16 on 12/11/24.
52-week price history of BURU Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Nuburu Inc’s current trading price is -95.53% away from its 52-week high, while its distance from the 52-week low is 336.00%. The stock’s price range during this time has been between $0.16 and $15.60. The trading volume for the Industrials sector company’s shares reached about 2.19 million for the day, which was lower than the average daily volume of 11.53 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nuburu Inc (BURU) has experienced a quarterly rise of 55.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.94M and boasts a workforce of 46 employees.
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 0.6644, with a change in price of -1.1224. Similarly, Nuburu Inc recorded 8,100,526 in trading volume during the last 100 days, posting a change of -61.67%.
BURU Stock Stochastic Average
Today, Nuburu Inc’s raw stochastic average for the past 50 days stands at 64.93%, indicating a rise from the raw stochastic average of the last 20 days, which was 64.93%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 67.75% and 66.84% respectively.
