Vanguard Group Inc. Has $29.28 Million Stock Holdings in KULR Technology Group, Inc. (NYSEAMERICAN:KULR)

Vanguard Group Inc. raised its stake in shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) by 71.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,247,336 shares of the company's stock after purchasing an additional 3,446,894 shares during the period. Vanguard Group Inc. owned 3.01% of KULR Technology Group worth $29,278,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Geode Capital Management LLC grew its position in KULR Technology Group by 44.5% in the third quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company's stock valued at $443,000 after acquiring an additional 479,026 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new position in shares of KULR Technology Group in the 4th quarter worth approximately $403,000. Virtu Financial LLC bought a new stake in shares of KULR Technology Group in the 3rd quarter valued at approximately $29,000. Fortem Financial Group LLC acquired a new stake in shares of KULR Technology Group during the 4th quarter valued at approximately $298,000. Finally, Commonwealth Equity Services LLC bought a new position in KULR Technology Group during the fourth quarter worth $285,000. Hedge funds and other institutional investors own 21.23% of the company's stock.

KULR Technology Group Stock Performance

Shares of KULR traded down $0.06 during mid-day trading on Friday, reaching $1.22. 5,083,476 shares of the company's stock traded hands, compared to its average volume of 14,206,292. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81. The business's 50-day moving average price is $1.55 and its 200-day moving average price is $1.33. The stock has a market capitalization of $333.73 million, a P/E ratio of -10.17 and a beta of 2.34. KULR Technology Group, Inc. has a 12 month low of $0.20 and a 12 month high of $5.49.

Wall Street Analysts Forecast Growth

Separately, Benchmark reissued a "buy" rating and set a $5.00 target price on shares of KULR Technology Group in a 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.