KULR Technology Group (NYSEAMERICAN:KULR) Stock Price Down 4.1% - Time to Sell?

KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report)'s share price traded down 4.1% on Thursday . The company traded as low as $2.45 and last traded at $2.46. 3,705,880 shares were traded during trading, a decline of 88% from the average session volume of 30,141,666 shares. The stock had previously closed at $2.56.

KULR Technology Group Trading Down 4.7 %

The company has a market cap of $667.46 million, a P/E ratio of -20.33 and a beta of 2.43. The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.05.

Hedge Funds Weigh In On KULR Technology Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its holdings in shares of 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 valued at $443,000 after acquiring an additional 479,026 shares in the last quarter. Virtu Financial LLC purchased a new position in KULR Technology Group in the third quarter valued at about $29,000. Fortem Financial Group LLC purchased a new position in KULR Technology Group in the fourth quarter valued at about $298,000. XTX Topco Ltd bought a new stake in shares of KULR Technology Group in the 2nd quarter valued at approximately $31,000. Finally, Joseph P. Lucia & Associates LLC bought a new stake in shares of KULR Technology Group in the 4th quarter valued at approximately $79,000. 21.23% of the stock is currently owned by hedge funds and other institutional investors.

About KULR Technology Group

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.