Susquehanna Financial Group LLLP recently announced the acquisition of new stake in Nuburu Inc (AMEX:BURU). This fresh investment now brings its stake to 0.33% valued currently at $17638.0. In addition, Clear Street LLC raised its holdings by 56412.0 to 56412.0 shares. And Group One Trading LP has lifted its position by 30.13% or 9611.0 shares – to 41511.0 shares.
With over 13.73 million Nuburu Inc (BURU) shares trading Friday and a closing price of $0.19 on the day, the dollar volume was approximately $2.61 million. The shares have shown a negative half year performance of -69.86% and its price on 01/12/24 gained nearly 29.25%. Currently, there are 48.59M common shares owned by the public and among those 17.10M shares have been available to trade.
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Insiders at the company have transacted a total of 94 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 28 of these insider trades were purchases, accounting for 25,533,841 shares. Insider sales of the common stock occurred on 66 occasions, with total insider shares sold totaling 9,079,363 shares.
The top 3 mutual fund holders in Nuburu Inc are Vanguard Extended Market Index Fu, Fidelity Extended Market Index Fu, and Fidelity Total Market Index Fund. Vanguard Extended Market Index Fu owns 0.13 million shares of the company’s stock, all valued at over $20116.0. Fidelity Total Market Index Fund now owns shares totaling to 0.02% of the shares outstanding.
However, the script later moved the day high at 0.1950, up 29.25%. The company’s stock has a 5-day price change of 18.68% and -35.40% over the past three months. BURU shares are trading 26.92% year to date (YTD), with the 12-month market performance down to -98.06% lower. It has a 12-month low price of $0.13 and touched a high of $14.00 over the same period. BURU has an average intraday trading volume of 1.09 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 27.59%, -0.85%, and -72.34% respectively.
Institutional ownership of Nuburu Inc (AMEX: BURU) shares accounts for 1.73% of the company’s 48.59M shares outstanding. Mutual fund holders own 1.19%, while other institutional holders and individual stakeholders account for 25.62% and 0.54% respectively.
It has a market capitalization of $6.76M and a beta (3y monthly) value of 0.11. The earnings-per-share (ttm) stands at -$0.51. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.66% over the week and 15.16% over the month.
Analysts forecast that Nuburu Inc (BURU) will achieve an EPS of -$ for the current quarter, -$ for the next quarter and -$ for S&P 500. The lowest estimate earnings-per-share for the quarter is -$ while analysts give the company a high EPS estimate of -$. Comparatively, EPS for the current quarter was -$ a year ago.
