Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Nuburu Inc (AMEX: BURU) was $0.19 for the day, down -16.48% from the previous closing price of $0.23. In other words, the price has decreased by -$16.48 from its previous closing price. On the day, 10.9 million shares were traded. BURU stock price reached its highest trading level at $0.2681 during the session, while it also had its lowest trading level at $0.1806.
Ratios:
Our analysis of BURU’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.58.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 11 ’23 when Seldin David sold 2,400 shares for $0.69 per share. The transaction valued at 1,664 led to the insider holds 6,378 shares of the business.
Seldin David sold 586,129 shares of BURU for $434,204 on Aug 10 ’23. The 10% Owner now owns 6,380 shares after completing the transaction at $0.74 per share. On Aug 09 ’23, another insider, Seldin David, who serves as the 10% Owner of the company, sold 35,824 shares for $0.68 each. As a result, the insider received 24,414 and left with 6,768 shares of the company.
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 8494451 and an Enterprise Value of 14400241. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.33. Its current Enterprise Value per Revenue stands at 6.905 whereas that against EBITDA is -0.705.
Stock Price History:
Over the past 52 weeks, BURU has reached a high of $2.15, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is 20.57%, while the 200-Day Moving Average is calculated to be -26.61%.
Shares Statistics:
BURU traded an average of 878.67K shares per day over the past three months and 400170 shares per day over the past ten days. A total of 38.53M shares are outstanding, with a floating share count of 19.51M. Insiders hold about 49.38% of the company’s shares, while institutions hold 1.53% stake in the company. Shares short for BURU as of 1713139200 were 420083 with a Short Ratio of 0.48, compared to 1710460800 on 50207. Therefore, it implies a Short% of Shares Outstanding of 420083 and a Short% of Float of 2.23.
