KULR Technology Group (NYSEAMERICAN:KULR) Trading 11.2% Higher - Time to Buy?

KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report) shot up 11.2% on Friday . The stock traded as high as $3.45 and last traded at $3.38. 9,689,562 shares were traded during mid-day trading, a decline of 67% from the average session volume of 29,550,398 shares. The stock had previously closed at $3.04.

KULR Technology Group Stock Up 9.2 %

The company has a market capitalization of $794.41 million, a PE ratio of -27.67 and a beta of 3.17. 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

A number of institutional investors have recently made changes to their positions in KULR. Virtu Financial LLC purchased a new position in shares of KULR Technology Group during the 3rd quarter valued at about $29,000. XTX Topco Ltd purchased a new position in shares of KULR Technology Group during the second quarter worth approximately $31,000. Finally, Geode Capital Management LLC lifted its holdings in shares of KULR Technology Group by 44.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company's stock worth $443,000 after acquiring an additional 479,026 shares during the last quarter. Institutional investors 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.