KULR Technology Group (NYSEAMERICAN:KULR) Sets New 12-Month High - What's Next?

Shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $3.16 and last traded at $3.08, with a volume of 16539626 shares traded. The stock had previously closed at $2.83.

KULR Technology Group Stock Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81. The stock has a market capitalization of $818.34 million, a PE ratio of -28.50 and a beta of 3.17.

Hedge Funds Weigh In On KULR Technology Group

Institutional investors have recently made changes to their positions in the company. XTX Topco Ltd purchased a new position in shares of KULR Technology Group in the 2nd quarter valued at about $31,000. Virtu Financial LLC acquired a new stake in KULR Technology Group in the third quarter valued at approximately $29,000. Finally, Geode Capital Management LLC grew its holdings in KULR Technology Group by 44.5% in the third quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company's stock valued at $443,000 after purchasing an additional 479,026 shares during the period. 21.23% of the stock is owned by hedge funds and other institutional investors.

KULR Technology Group Company Profile

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.