KULR Technology Group (NYSEAMERICAN:KULR) Shares Gap Down - Time to Sell?

KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $2.18, but opened at $2.10. KULR Technology Group shares last traded at $2.13, with a volume of 2,235,147 shares traded.

KULR Technology Group Stock Performance

The stock has a market cap of $568.98 million, a P/E ratio of -17.33 and a beta of 2.43. The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.05.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new position in shares of KULR Technology Group during the fourth quarter valued at approximately $108,000. Joseph P. Lucia & Associates LLC bought a new position in KULR Technology Group in the 4th quarter valued at $79,000. Maiden Cove Capital LLC purchased a new stake in KULR Technology Group in the fourth quarter worth $71,000. International Assets Investment Management LLC purchased a new stake in KULR Technology Group in the fourth quarter worth $56,000. Finally, Fortem Financial Group LLC bought a new stake in shares of KULR Technology Group during the fourth quarter worth $298,000. Institutional investors own 21.23% of the company's stock.

About KULR Technology Group

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.