Shares of Nuburu, Inc. (NYSEAMERICAN:BURU – Get Free Report) traded up 2.2% during trading on Monday . The company traded as high as $0.46 and last traded at $0.45. 813,479 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 6,206,714 shares. The stock had previously closed at $0.44.
Nuburu Trading Down 13.1 %
The firm has a market capitalization of $7.07 million, a P/E ratio of 0.00 and a beta of -0.35.
Hedge Funds Weigh In On Nuburu
A hedge fund recently bought a new stake in Nuburu stock. Virtu Financial LLC bought a new stake in Nuburu, Inc. (NYSEAMERICAN:BURU – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 48,522 shares of the company’s stock, valued at approximately $25,000. Virtu Financial LLC owned approximately 0.26% of Nuburu as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 41.61% of the company’s stock.
Nuburu Company Profile
Nuburu, Inc engages in high-power, high-brightness blue laser technology business for welding and 3D printing industries worldwide. The company offers Nuburu AO-150 and NUBURU BL. Its products have applications in battery, e-mobility, consumer electronics, and 3D printing metal systems. Nuburu, Inc was founded in 2015 and is headquartered in Centennial, Colorado.
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