Shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Get Free Report) were down 6.6% on Friday . The company traded as low as $2.03 and last traded at $2.05. Approximately 10,335,880 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 25,497,967 shares. The stock had previously closed at $2.19.
KULR Technology Group Trading Down 1.0 %
The firm has a market cap of $563.51 million, a P/E ratio of -17.17 and a beta of 2.35. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.81 and a quick ratio of 0.71.
Institutional Investors Weigh In On KULR Technology Group
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Virtu Financial LLC acquired a new position in KULR Technology Group in the 3rd quarter valued at $29,000. International Assets Investment Management LLC acquired a new stake in KULR Technology Group in the 4th quarter worth about $56,000. Maiden Cove Capital LLC bought a new stake in KULR Technology Group in the 4th quarter valued at about $71,000. Joseph P. Lucia & Associates LLC acquired a new position in shares of KULR Technology Group during the 4th quarter worth approximately $79,000. Finally, Sanctuary Advisors LLC bought a new position in shares of KULR Technology Group during the fourth quarter worth approximately $108,000. 21.23% of the stock is currently owned by institutional investors and hedge funds.
KULR Technology Group Company Profile
(
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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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