KULR Technology Group (NYSEAMERICAN:KULR) Shares Gap Up – Still a Buy?

KULR Technology Group, Inc. (NYSEAMERICAN:KULRGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $3.42, but opened at $3.52. KULR Technology Group shares last traded at $4.36, with a volume of 27,779,337 shares changing hands.

KULR Technology Group Stock Performance

The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $1.12 billion, a P/E ratio of -38.83 and a beta of 3.17.

Institutional Investors Weigh In On KULR Technology Group

A number of institutional investors have recently added to or reduced their stakes in KULR. Virtu Financial LLC acquired a new position in KULR Technology Group during the third quarter valued at approximately $29,000. Geode Capital Management LLC lifted 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. Finally, XTX Topco Ltd acquired a new position in shares of KULR Technology Group during the 2nd quarter valued at $31,000. Hedge funds and other institutional investors own 21.23% of the company’s stock.

About KULR Technology Group

(Get Free Report)

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.

Further Reading

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