Investors Purchase Large Volume of KULR Technology Group Call Options (NYSEAMERICAN:KULR)

KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report) was the recipient of unusually large options trading on Monday. Traders purchased 27,307 call options on the stock. This is an increase of approximately 42% compared to the average daily volume of 19,221 call options.

Hedge Funds Weigh In On KULR Technology Group

A number of institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in KULR Technology Group by 44.5% during 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. Virtu Financial LLC purchased a new position in KULR Technology Group during the third quarter valued at $29,000. Fortem Financial Group LLC purchased a new position in KULR Technology Group during the fourth quarter valued at $298,000. International Assets Investment Management LLC bought a new stake in KULR Technology Group in the 4th quarter valued at $56,000. Finally, Maiden Cove Capital LLC purchased a new stake in KULR Technology Group in the 4th quarter worth $71,000. 21.23% of the stock is currently owned by hedge funds and other institutional investors.

KULR Technology Group Stock Performance

KULR traded up $0.01 during trading on Thursday, hitting $2.24. 14,071,911 shares of the company's stock traded hands, compared to its average volume of 22,745,010. The company has a market cap of $611.38 million, a price-to-earnings ratio of -18.63 and a beta of 2.34. KULR Technology Group has a 12-month low of $0.13 and a 12-month high of $5.49. The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.05.

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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.