KULR Technology Group Target of Unusually Large Options Trading (NYSEAMERICAN:KULR)

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) was the target of some unusual options trading activity on Tuesday. Stock traders bought 10,672 call options on the stock. This represents an increase of 82% compared to the average volume of 5,853 call options.

KULR Technology Group Price Performance

KULR Technology Group stock opened at $1.44 on Wednesday. KULR Technology Group has a fifty-two week low of $0.10 and a fifty-two week high of $1.75. The firm has a market cap of $343.37 million, a price-to-earnings ratio of -11.96 and a beta of 3.17. The company has a quick ratio of 0.71, a current ratio of 0.81 and a debt-to-equity ratio of 0.05.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in KULR. Geode Capital Management LLC grew its stake 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 worth $443,000 after purchasing an additional 479,026 shares in the last quarter. Virtu Financial LLC acquired a new position in KULR Technology Group during the third quarter worth about $29,000. Finally, XTX Topco Ltd purchased a new stake in shares of KULR Technology Group during the second quarter valued at $31,000. 21.23% of the stock is owned by hedge funds and other institutional investors.

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.