Asset Management One Co. Ltd. Makes New $86,000 Investment in KULR Technology Group, Inc. (NYSEAMERICAN:KULR)

Asset Management One Co. Ltd. bought a new position in KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 65,468 shares of the company's stock, valued at approximately $86,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in KULR Technology Group by 71.8% during the fourth quarter. Vanguard Group Inc. now owns 8,247,336 shares of the company's stock valued at $29,278,000 after purchasing an additional 3,446,894 shares during the period. Geode Capital Management LLC lifted its holdings in KULR Technology Group by 11.8% in the fourth quarter. Geode Capital Management LLC now owns 1,738,346 shares of the company's stock valued at $6,174,000 after acquiring an additional 183,091 shares during the period. Northern Trust Corp lifted its holdings in KULR Technology Group by 85.5% in the fourth quarter. Northern Trust Corp now owns 373,815 shares of the company's stock valued at $1,327,000 after acquiring an additional 172,339 shares during the period. OMERS ADMINISTRATION Corp bought a new position in KULR Technology Group in the fourth quarter valued at about $1,231,000. Finally, Bank of America Corp DE lifted its holdings in KULR Technology Group by 23,476.3% in the fourth quarter. Bank of America Corp DE now owns 297,769 shares of the company's stock valued at $1,057,000 after acquiring an additional 296,506 shares during the period. 21.23% of the stock is owned by institutional investors.

KULR Technology Group Stock Performance

Shares of KULR Technology Group stock traded up $0.22 on Friday, hitting $6.79. 1,466,526 shares of the company traded hands, compared to its average volume of 2,180,143. The stock has a market capitalization of $259.38 million, a P/E ratio of -6.53 and a beta of 2.15. The business has a 50-day simple moving average of $9.02 and a 200 day simple moving average of $11.91. KULR Technology Group, Inc. has a 52 week low of $1.60 and a 52 week high of $43.92.

Analyst Upgrades and Downgrades

Separately, Benchmark reiterated a "buy" rating and issued a $40.00 price target on shares of KULR Technology Group in a research report on Tuesday, March 18th.

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.