KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report) dropped 13.2% on Wednesday . The stock traded as low as $2.82 and last traded at $2.83. Approximately 8,230,153 shares changed hands during trading, a decline of 76% from the average daily volume of 34,168,910 shares. The stock had previously closed at $3.26.
KULR Technology Group Stock Performance
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 stock has a market cap of $665.20 million, a P/E ratio of -23.17 and a beta of 3.17.
Institutional Trading of KULR Technology Group
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. International Assets Investment Management LLC purchased a new position in KULR Technology Group in the 4th quarter worth about $56,000. XTX Topco Ltd acquired a new stake in KULR Technology Group in the second quarter valued at approximately $31,000. Fortem Financial Group LLC purchased a new position in KULR Technology Group during the 4th quarter worth $298,000. Virtu Financial LLC acquired a new stake in shares of KULR Technology Group during the third quarter worth $29,000. Finally, Geode Capital Management LLC boosted its position in KULR Technology Group by 44.5% in the third quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company's stock valued at $443,000 after buying an additional 479,026 shares during the last quarter. 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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