Vanguard Group Inc. Has $29.28 Million Stake in KULR Technology Group, Inc. (NYSEAMERICAN:KULR)

Vanguard Group Inc. grew its holdings in KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) by 71.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,247,336 shares of the company's stock after acquiring an additional 3,446,894 shares during the period. Vanguard Group Inc. owned about 3.01% of KULR Technology Group worth $29,278,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position 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 worth $443,000 after purchasing an additional 479,026 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of KULR Technology Group during the 3rd quarter valued at about $29,000. Fortem Financial Group LLC acquired a new position in shares of KULR Technology Group in the 4th quarter valued at $298,000. International Assets Investment Management LLC purchased a new position in shares of KULR Technology Group in the 4th quarter worth about $56,000. Finally, Maiden Cove Capital LLC acquired a new position in shares of KULR Technology Group during the 4th quarter valued at $71,000. Institutional investors and hedge funds own 21.23% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Benchmark reissued a "buy" rating and issued a $5.00 price objective on shares of KULR Technology Group in a research report on Tuesday, March 18th.

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KULR Technology Group Stock Performance

Shares of KULR stock remained flat at $1.30 during midday trading on Tuesday. 6,904,211 shares of the company's stock were exchanged, compared to its average volume of 14,193,328. KULR Technology Group, Inc. has a one year low of $0.20 and a one year high of $5.49. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81. The business has a 50 day simple moving average of $1.60 and a 200 day simple moving average of $1.32. The stock has a market capitalization of $355.62 million, a P/E ratio of -10.83 and a beta of 2.34.

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.