Nuburu Inc (AMEX: BURU): Why Investors Shouldn’t Ditch BURU Stock In 2024

In the last trading session, 2.34 million Nuburu Inc (AMEX:BURU) shares changed hands as the company’s beta touched -0.23. With the company’s per share price at $0.43 changed hands at -$0.05 or -11.13% during last session, the market valuation stood at $9.14M. BURU’s last price was a discount, traded about -3527.91% off its 52-week high of $15.60. The share price had its 52-week low at $0.16, which suggests the last value was 62.79% up since then. When we look at Nuburu Inc’s average trading volume, we note the 10-day average is 26.94 million shares, with the 3-month average coming to 10.78 million.

Nuburu Inc (AMEX:BURU) trade information

Instantly BURU was in red as seen at the end of in last trading. With action 41.95%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -92.89%, with the 5-day performance at 41.95% in the green. However, in the 30-day time frame, Nuburu Inc (AMEX:BURU) is -7.44% down. Looking at the short shares, we see there were 0.34 million shares sold at short interest cover period of 0.03 days.

BURU Dividends

Nuburu Inc is expected to release its next quarterly earnings report in January.

Nuburu Inc (AMEX:BURU)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 3.23% of Nuburu Inc shares while 0.58% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.60%.