FY2025 EPS Estimate for KULR Technology Group Boosted by Analyst

Key Points

• Analysts at Litchfield Hills Research have increased KULR Technology Group's FY2025 earnings per share (EPS) estimate to ($0.26), up from a previous estimate of ($0.56).
• KULR Technology Group's stock is currently trading at $5.02, down 7.9%, with a market capitalization of approximately $206.37 million.
• Insider Director Joanna D. Massey sold 10,000 shares at an average price of $5.47, reducing their ownership by approximately 35.95%.

KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) - Investment analysts at Litchfield Hills Research boosted their FY2025 earnings per share (EPS) estimates for KULR Technology Group in a note issued to investors on Monday, October 6th. Litchfield Hills Research analyst T. O'neill now forecasts that the company will earn ($0.26) per share for the year, up from their previous forecast of ($0.56). The consensus estimate for KULR Technology Group's current full-year earnings is ($0.09) per share. Litchfield Hills Research also issued estimates for KULR Technology Group's FY2026 earnings at ($0.60) EPS.

KULR Technology Group Trading Down 7.9%

Shares of KULR opened at $5.02 on Wednesday. The company has a market capitalization of $206.37 million, a price-to-earnings ratio of -8.66 and a beta of 2.05. The stock has a 50 day moving average of $4.82 and a 200 day moving average of $7.53. KULR Technology Group has a 12 month low of $2.16 and a 12 month high of $43.92.

Insiders Place Their Bets

In other KULR Technology Group news, Director Joanna D. Massey sold 10,000 shares of the stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $5.47, for a total transaction of $54,700.00. Following the completion of the transaction, the director directly owned 17,813 shares of the company's stock, valued at approximately $97,437.11. This represents a 35.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 11.21% of the company's stock.

Hedge Funds Weigh In On KULR Technology Group

A number of large investors have recently made changes to their positions in KULR. Two Sigma Investments LP raised its position in KULR Technology Group by 69.0% during the fourth quarter. Two Sigma Investments LP now owns 20,199 shares of the company's stock valued at $72,000 after purchasing an additional 8,250 shares in the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new stake in KULR Technology Group during the second quarter valued at about $59,000. Caitong International Asset Management Co. Ltd raised its position in KULR Technology Group by 36.6% during the second quarter. Caitong International Asset Management Co. Ltd now owns 40,941 shares of the company's stock valued at $292,000 after purchasing an additional 10,976 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in KULR Technology Group during the second quarter valued at about $81,000. Finally, Intech Investment Management LLC purchased a new stake in KULR Technology Group during the second quarter valued at about $118,000. 21.23% of the stock is owned by institutional investors.

About KULR Technology Group

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.

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