Nuburu (NYSEAMERICAN:BURU) Shares Down 14.6%

Nuburu, Inc. (NYSEAMERICAN:BURUGet Free Report)’s share price was down 14.6% during trading on Friday . The company traded as low as $0.49 and last traded at $0.53. Approximately 1,149,019 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 2,656,143 shares. The stock had previously closed at $0.62.

Nuburu Stock Performance

The company has a market capitalization of $1.72 million, a price-to-earnings ratio of -0.02 and a beta of -0.21.

About Nuburu

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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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