Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Nuburu Inc (AMEX: BURU) closed the day trading at $0.38 down -4.56% from the previous closing price of $0.4. In other words, the price has decreased by -$4.56 from its previous closing price. On the day, 70.45 million shares were traded. BURU stock price reached its highest trading level at $0.3896 during the session, while it also had its lowest trading level at $0.36.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BURU now has a Market Capitalization of 52220244 and an Enterprise Value of 63029052. For the stock, the TTM Price-to-Sale (P/S) ratio is 4984.00. Its current Enterprise Value per Revenue stands at 6777.317 whereas that against EBITDA is -5.26.
Stock Price History:
The Beta on a monthly basis for BURU is 0.59, which has changed by -0.17016804 over the last 52 weeks, in comparison to a change of 0.18258524 over the same period for the S&P500. Over the past 52 weeks, BURU has reached a high of $0.99, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 57.95%, while the 200-Day Moving Average is calculated to be 49.68%.
Shares Statistics:
Over the past 3-months, BURU traded about 129.42M shares per day on average, while over the past 10 days, BURU traded about 209996320 shares per day. A total of 132.20M shares are outstanding, with a floating share count of 131.86M. Insiders hold about 0.26% of the company’s shares, while institutions hold 0.58% stake in the company. Shares short for BURU as of 1760486400 were 20443145 with a Short Ratio of 0.16, compared to 1757894400 on 7348753. Therefore, it implies a Short% of Shares Outstanding of 20443145 and a Short% of Float of 15.459999999999999.
