KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report)'s share price dropped 13.8% during trading on Tuesday . The company traded as low as $3.30 and last traded at $3.57. Approximately 15,752,752 shares changed hands during mid-day trading, an increase of 31% from the average daily volume of 12,033,972 shares. The stock had previously closed at $4.14.
KULR Technology Group Stock Performance
The company has a market cap of $849.44 million, a PE ratio of -29.58 and a beta of 3.17. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81.
Hedge Funds Weigh In On KULR Technology Group
A number of institutional investors have recently bought and sold shares of KULR. Virtu Financial LLC acquired a new stake in KULR Technology Group during the 3rd quarter worth about $29,000. XTX Topco Ltd purchased a new stake in shares of KULR Technology Group in the second quarter worth about $31,000. Finally, Geode Capital Management LLC grew its holdings in KULR Technology Group by 44.5% during the third quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company's stock worth $443,000 after acquiring an additional 479,026 shares during the period. 21.23% of the stock is owned by hedge funds and other institutional investors.
About KULR Technology Group
(
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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.
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