KULR Technology Group Inc (AMEX: KULR) is -18.92% lower on its value in year-to-date trading and has touched a low of $0.10 and a high of $1.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KULR stock was last observed hovering at around $0.15 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.15, the stock is 4.29% and -6.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.88 million and changing -2.91% at the moment leaves the stock -65.94% off its SMA200. KULR registered -85.85% loss for a year compared to 6-month loss of -64.71%. The firm has a 50-day simple moving average (SMA 50) of $2.04 and a 200-day simple moving average (SMA200) of -$0.97.
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The stock witnessed a 12.36% gain in the last 1 month and extending the period to 3 months gives it a -47.53%, and is 10.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.91% over the week and 12.82% over the month.
KULR Technology Group Inc (KULR) has around 62 employees, a market worth around $19.98M and $9.31M in sales. Profit margin for the company is -246.61%. Distance from 52-week low is 50.00% and -86.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-1912.96%).
KULR Technology Group Inc quarterly earnings per share for the current quarter are estimated at -$0.04 with sales reaching $3.81M over the same period.The EPS is expected to grow by 5.56% this year, but quarterly earnings will post 183.10% year-over-year. Quarterly sales are estimated to grow 110.50% in year-over-year returns.
KULR Technology Group Inc (KULR) Top Institutional Holders
41 institutions hold shares in KULR Technology Group Inc (KULR), with institutional investors hold 6.26% of the company’s shares. The shares outstanding are 113.07M, and float is at 94.61M with Short Float at 3.47%. Institutions hold 4.44% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 3.11 million shares valued at $1.99 million. The investor’s holdings represent 3.29% of the KULR Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 0.73 million shares valued at $0.47 million to account for 0.77% of the shares outstanding. The other top investors are Geode Capital Management, LLC which holds 0.59 million shares representing 0.62% and valued at over $0.37 million, while Bridgeway Capital Management, Inc. holds 0.37% of the shares totaling 0.35 million with a market value of $0.22 million.
KULR Technology Group Inc (KULR) Insider Activity
The most recent transaction is an insider purchase by Mo Michael,the company’sCEO & Chairman of the Board. SEC filings show that Mo Michael bought 428,571 shares of the company’s common stock on Sep 15 ’23 at a price of $0.35 per share for a total of $0.15 million. Following the purchase, the insider now owns 21.16 million shares.
KULR Technology Group Inc disclosed in a document filed with the SEC on Jun 29 ’23 that Knowles Timothy Ray (Executive Technical Fellow) sold a total of 61,756 shares of the company’s common stock. The trade occurred on Jun 29 ’23 and was made at $0.62 per share for $38289.0. Following the transaction, the insider now directly holds 0.67 million shares of the KULR stock.
Still, SEC filings show that on Jun 28 ’23, Knowles Timothy Ray (Executive Technical Fellow) disposed off 38,244 shares at an average price of $0.64 for $24476.0. The insider now directly holds 732,116 shares of KULR Technology Group Inc (KULR).
