KULR Technology Group (NYSEAMERICAN:KULR) Sees Large Volume Increase - What's Next?

Shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 26,134,750 shares were traded during mid-day trading, an increase of 123% from the previous session's volume of 11,710,994 shares.The stock last traded at $5.22 and had previously closed at $4.80.

KULR Technology Group Stock Performance

The company has a quick ratio of 0.71, a current ratio of 0.81 and a debt-to-equity ratio of 0.05. The company has a market cap of $1.12 billion, a P/E ratio of -38.83 and a beta of 3.17.

Hedge Funds Weigh In On KULR Technology Group

A number of hedge funds and other institutional investors have recently made changes to their positions in KULR. Virtu Financial LLC bought a new position in shares of KULR Technology Group during the third quarter valued at approximately $29,000. XTX Topco Ltd purchased a new stake in KULR Technology Group during the second quarter worth $31,000. Finally, Geode Capital Management LLC boosted its position in KULR Technology Group by 44.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company's stock valued at $443,000 after acquiring an additional 479,026 shares in the last quarter. Institutional investors own 21.23% of the company's stock.

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.