KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report)'s share price fell 4.6% on Friday . The stock traded as low as $2.38 and last traded at $2.37. 7,498,727 shares were traded during mid-day trading, a decline of 77% from the average session volume of 32,015,023 shares. The stock had previously closed at $2.48.
KULR Technology Group Stock Down 8.1 %
The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.05. The company has a market cap of $545.56 million, a PE ratio of -19.00 and a beta of 2.43.
Institutional Investors Weigh In On KULR Technology Group
Several institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC increased its stake 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 worth $443,000 after buying an additional 479,026 shares during the period. Virtu Financial LLC purchased a new stake in shares of KULR Technology Group during the third quarter worth $29,000. Fortem Financial Group LLC purchased a new stake in shares of KULR Technology Group during the fourth quarter worth $298,000. XTX Topco Ltd acquired a new stake in shares of KULR Technology Group in the second quarter valued at $31,000. Finally, Maiden Cove Capital LLC purchased a new position in KULR Technology Group in the fourth quarter valued at $71,000. Hedge funds and other institutional investors own 21.23% of the company's stock.
KULR Technology Group Company Profile
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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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