KULR Technology Group (NYSEAMERICAN:KULR) Stock Price Up 11.3% - Here's What Happened

KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report)'s stock price traded up 11.3% during mid-day trading on Thursday . The company traded as high as $2.69 and last traded at $2.56. 8,734,972 shares were traded during mid-day trading, a decline of 73% from the average session volume of 31,867,789 shares. The stock had previously closed at $2.30.

KULR Technology Group Trading Down 8.1 %

The firm has a market capitalization of $545.56 million, a price-to-earnings ratio of -19.00 and a beta of 2.43. 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 Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Virtu Financial LLC purchased a new stake in KULR Technology Group during the third quarter worth $29,000. XTX Topco Ltd purchased a new stake in KULR Technology Group during the second quarter worth $31,000. International Assets Investment Management LLC purchased a new stake in KULR Technology Group during the fourth quarter worth $56,000. Maiden Cove Capital LLC purchased a new stake in KULR Technology Group during the fourth quarter worth $71,000. Finally, Fortem Financial Group LLC purchased a new stake in KULR Technology Group during the fourth quarter worth $298,000. Institutional investors and hedge funds 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.