At the time of writing, Nuburu Inc [BURU] stock is trading at $0.17, down -1.31%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BURU shares have gain 16.93% over the last week, with a monthly amount glided 12.79%, and seem to be holding up well over a long-time horizon.
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On 4, April 2024, NUBURU Announces a $3 Million Dollar Capital Infusion by Strategic Investors and New Customer Orders. In a post published today on Yahoo Finance, NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced a $3 million dollar investment in the Company’s common stock by strategic investors focused on strengthening and growing the Company, as well as initial purchase orders from new customers in new markets.
From an analyst’s perspective:
For the past year, the stock price of Nuburu Inc fluctuated between $0.13 and $4.06. Nuburu Inc [AMEX: BURU] shares were valued at $0.17 at the most recent close of the market.
Analyzing the BURU fundamentals
Gross Profit Margin for this corporation currently stands at -1.81% with Operating Profit Margin at -9.7%, Pretax Profit Margin comes in at -9.31%, and Net Profit Margin reading is -9.31%. To continue investigating profitability, this company’s Return on Assets is posted at -2.2, Equity is 14.48 and Total Capital is -7.87. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.1564 points at the first support level, and at 0.1470 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1738, and for the 2nd resistance point, it is at 0.1818.
Ratios To Look Out For
It is important to note that Nuburu Inc [AMEX:BURU] has a current ratio of 0.58. Further, the Quick Ratio stands at 0.41, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 3.58.
Transactions by insiders
Recent insider trading involved Seldin David, 10% Owner, that happened on Aug 11 ’23 when 2400.0 shares were sold. 10% Owner, Seldin David completed a deal on Aug 10 ’23 to sell 0.59 million shares. Meanwhile, 10% Owner Seldin David sold 35824.0 shares on Aug 09 ’23.
