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KULR Technology Group (NYSEAMERICAN:KULR) Stock Price Down 6.6% - What's Next?

KULR Technology Group logo with Computer and Technology background
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Shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report) were down 6.6% on Friday . The company traded as low as $2.03 and last traded at $2.05. Approximately 10,335,880 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 25,497,967 shares. The stock had previously closed at $2.19.

KULR Technology Group Trading Down 1.0 %

The firm has a market cap of $563.51 million, a P/E ratio of -17.17 and a beta of 2.35. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.81 and a quick ratio of 0.71.

Institutional Investors Weigh In On KULR Technology Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Virtu Financial LLC acquired a new position in KULR Technology Group in the 3rd quarter valued at $29,000. International Assets Investment Management LLC acquired a new stake in KULR Technology Group in the 4th quarter worth about $56,000. Maiden Cove Capital LLC bought a new stake in KULR Technology Group in the 4th quarter valued at about $71,000. Joseph P. Lucia & Associates LLC acquired a new position in shares of KULR Technology Group during the 4th quarter worth approximately $79,000. Finally, Sanctuary Advisors LLC bought a new position in shares of KULR Technology Group during the fourth quarter worth approximately $108,000. 21.23% of the stock is currently owned by institutional investors and hedge funds.

KULR Technology Group Company Profile

(Get Free Report)

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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