OMERS ADMINISTRATION Corp Purchases Shares of 346,800 KULR Technology Group, Inc. (NYSEAMERICAN:KULR)

OMERS ADMINISTRATION Corp acquired a new stake in KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 346,800 shares of the company's stock, valued at approximately $1,231,000. OMERS ADMINISTRATION Corp owned 0.13% of KULR Technology Group at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of KULR Technology Group by 71.8% during the 4th quarter. Vanguard Group Inc. now owns 8,247,336 shares of the company's stock worth $29,278,000 after purchasing an additional 3,446,894 shares during the last quarter. Bank of America Corp DE grew its holdings in KULR Technology Group by 23,476.3% during the fourth quarter. Bank of America Corp DE now owns 297,769 shares of the company's stock valued at $1,057,000 after purchasing an additional 296,506 shares during the period. Geode Capital Management LLC grew its holdings in KULR Technology Group by 11.8% during the fourth quarter. Geode Capital Management LLC now owns 1,738,346 shares of the company's stock valued at $6,174,000 after purchasing an additional 183,091 shares during the period. Northern Trust Corp increased its position in KULR Technology Group by 85.5% in the fourth quarter. Northern Trust Corp now owns 373,815 shares of the company's stock worth $1,327,000 after buying an additional 172,339 shares during the last quarter. Finally, Millennium Management LLC raised its stake in shares of KULR Technology Group by 84.5% in the fourth quarter. Millennium Management LLC now owns 249,228 shares of the company's stock valued at $885,000 after buying an additional 114,114 shares during the period. Institutional investors own 21.23% of the company's stock.

KULR Technology Group Price Performance

Shares of KULR stock traded up $0.05 during trading on Thursday, hitting $1.24. The company had a trading volume of 5,610,784 shares, compared to its average volume of 14,714,566. The stock's 50-day moving average is $1.35 and its two-hundred day moving average is $1.35. The stock has a market capitalization of $337.83 million, a price-to-earnings ratio of -10.29 and a beta of 2.34. The company has a quick ratio of 0.71, a current ratio of 0.81 and a debt-to-equity ratio of 0.05. KULR Technology Group, Inc. has a 52 week low of $0.20 and a 52 week high of $5.49.

Analysts Set New Price Targets

Separately, Benchmark reiterated a "buy" rating and issued a $5.00 target price on shares of KULR Technology Group in a research note 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.