Last Updated: 10 Nov 2024
Executive Summary
Nuburu Inc. (BURU) is a small-cap company in the SERVICES-MANAGEMENT CONSULTING SERVICES industry with a market capitalization of $1.75 million. The company has been facing financial difficulties, with negative earnings and profitability metrics. The stock price has declined significantly over the past year, and technical indicators suggest a bearish trend.
Company Overview
Nuburu Inc. develops high power precision blue light engine lasers for the metal processing and 3D printing industries. The company is headquartered in Centennial, Colorado.
Fundamental Analysis
Revenue: Revenue for the trailing twelve months (TTM) was $704,310, a 0.95% decrease year-over-year.
Earnings: Diluted EPS for the TTM was -$30.72.
Profitability: Gross profit margin was -48.5%, operating margin was -69.11%, and net profit margin was 0%.
Financial Health: Nuburu has negative EBITDA (-$16,693,614) and a negative book value (-$3.373).
Technical Analysis
Trend: The stock is in a downtrend, with the 50-day and 200-day moving averages below the current price.
Support and Resistance: Key support levels are at $0.386 (52-week low) and $0.40. Key resistance levels are at $0.604 (50-day moving average) and $0.72 (52-week high).
Momentum: Momentum indicators, such as the Relative Strength Index (RSI), are in oversold territory, indicating potential for a bounce.
Short Term Outlook
In the short term, Nuburu's stock price is likely to remain under pressure due to its weak fundamentals and bearish technical indicators. The stock may test the $0.386 support level.
Long Term Outlook
The long-term outlook for Nuburu is uncertain. The company needs to improve its financial performance and address its profitability issues. If the company can turn around its business, the stock could have potential for growth. However, investors should be aware of the risks involved.
Analyst Recommendations
No analyst recommendations are available for Nuburu Inc.