Nuburu Inc (AMEX: BURU)’s stock price has gone rise by 0.30 in comparison to its previous close of 0.43, however, the company has experienced a 1.41% increase in its stock price over the last five trading days. businesswire.com reported 2024-10-14 that CENTENNIAL, Colo.–(BUSINESS WIRE)–NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced it has decided to cancel the Special Proxy Statement. The Company has not received proxies that would constitute a quorum and has decided to cancel the Special Meeting and to withdraw from consideration by the Company’s stockholders the proposals set forth in the Proxy Statement. The Company ha.
Is It Worth Investing in Nuburu Inc (AMEX: BURU) Right Now?
The stock has a 36-month beta value of -0.25.
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The public float for BURU is 3.64M, and at present, short sellers hold a 9.31% of that float. On November 19, 2024, the average trading volume of BURU was 6.69M shares.
BURU’s Market Performance
BURU’s stock has seen a 1.41% increase for the week, with a -30.74% drop in the past month and a -71.32% fall in the past quarter. The volatility ratio for the week is 15.71%, and the volatility levels for the past 30 days are at 21.48% for Nuburu Inc The simple moving average for the past 20 days is -10.55% for BURU’s stock, with a -87.43% simple moving average for the past 200 days.
BURU Trading at -22.94% from the 50-Day Moving Average
After a stumble in the market that brought BURU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.22% of loss for the given period.
Volatility was left at 21.48%, however, over the last 30 days, the volatility rate increased by 15.71%, as shares sank -29.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.20% lower at present.
During the last 5 trading sessions, BURU rose by +0.75%, which changed the moving average for the period of 200-days by -92.83% in comparison to the 20-day moving average, which settled at $0.4840. In addition, Nuburu Inc saw -92.77% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BURU
Current profitability levels for the company are sitting at:
- -30.43 for the present operating margin
- -4.47 for the gross margin
The net margin for Nuburu Inc stands at -53.16. The total capital return value is set at 2.0. Equity return is now at value -335.28, with -254.82 for asset returns.
Based on Nuburu Inc (BURU), the company’s capital structure generated -2.68 points at debt to capital in total, while cash flow to debt ratio is standing at -1.08. The debt to equity ratio resting at -0.73. The interest coverage ratio of the stock is -10.21.
Currently, EBITDA for the company is -19.45 million with net debt to EBITDA at -0.39. When we switch over and look at the enterprise to sales, we see a ratio of 33.15. The receivables turnover for the company is 9.48for trailing twelve months and the total asset turnover is 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.16.
Conclusion
To sum up, Nuburu Inc (BURU) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
