Asset Management One Co. Ltd. Acquires Shares of 65,468 KULR Technology Group, Inc. (NYSEAMERICAN:KULR)

Asset Management One Co. Ltd. bought a new position in shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 65,468 shares of the company's stock, valued at approximately $86,000.

A number of other institutional investors have also made changes to their positions in the business. Gotham Asset Management LLC bought a new stake in shares of KULR Technology Group in the 4th quarter worth approximately $39,000. Brevan Howard Capital Management LP bought a new stake in KULR Technology Group in the fourth quarter valued at about $41,000. Alteri Wealth LLC acquired a new stake in KULR Technology Group in the 4th quarter valued at $57,000. Squarepoint Ops LLC acquired a new position in KULR Technology Group during the fourth quarter worth $69,000. Finally, Guardian Partners Inc. acquired a new stake in shares of KULR Technology Group in the 4th quarter valued at $71,000. 21.23% of the stock is currently owned by institutional investors.

KULR Technology Group Price Performance

Shares of KULR traded up $0.22 on Friday, hitting $6.79. The company's stock had a trading volume of 1,466,526 shares, compared to its average volume of 2,173,010. The company has a market capitalization of $259.38 million, a PE ratio of -6.53 and a beta of 2.15. KULR Technology Group, Inc. has a fifty-two week low of $1.60 and a fifty-two week high of $43.92. The company has a 50 day moving average price of $9.10 and a 200 day moving average price of $11.83.

Analyst Ratings Changes

Separately, Benchmark reiterated a "buy" rating and set a $40.00 target price 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.