Nuburu (NYSEAMERICAN:BURU) Trading 23% Higher – Here’s Why

Shares of Nuburu, Inc. (NYSEAMERICAN:BURU) were up 23% during trading on Friday . The company traded as high as $0.21 and last traded at $0.21. Approximately 70,228,273 shares traded hands during trading, an increase of 175% from the average daily volume of 25,515,440 shares. The stock had previously closed at $0.1707.

Nuburu Stock Up 23.0%

The firm’s 50-day moving average price is $0.20 and its two-hundred day moving average price is $0.23. The firm has a market capitalization of $91.98 million, a PE ratio of 0.00 and a beta of 0.48.

Nuburu (NYSEAMERICAN:BURU) last issued its quarterly earnings results on Friday, November 14th. The company reported ($0.20) EPS for the quarter.

Institutional Trading of Nuburu

A hedge fund recently raised its stake in Nuburu stock. UBS Group AG boosted its holdings in shares of Nuburu, Inc. (NYSEAMERICAN:BURU) by 10,337.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,370,024 shares of the company’s stock after buying an additional 4,328,156 shares during the period. UBS Group AG owned approximately 4.38% of Nuburu worth $651,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 41.61% of the company’s stock.

Nuburu Company Profile

Nuburu, trading on the NYSE American under the ticker BURU, is a U.S.-based photonics company specializing in the development and manufacture of high-power blue laser diodes and laser systems for industrial manufacturing applications. Leveraging proprietary gallium nitride (GaN) semiconductor technology, Nuburu’s lasers operate at a wavelength of 450 nanometers, offering significantly improved absorption in copper and copper alloys compared to traditional infrared lasers. This enables faster processing speeds, higher precision, and reduced thermal distortion in materials processing tasks such as welding, brazing, cladding, and powder bed fusion additive manufacturing.

Founded in 2018 and headquartered in Chapel Hill, North Carolina, Nuburu serves a global customer base that includes manufacturers in the automotive, electronics, aerospace, and additive manufacturing sectors.