KULR Technology Group Inc (KULR) volume exceeds 1.98 million: A new investment opportunity for investors

KULR Technology Group Inc (AMEX: KULR) on Monday, soared 0.05% from the previous trading day, before settling in for the closing price of $0.22. Within the past 52 weeks, KULR’s price has moved between $0.10 and $0.92.

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A company in the Technology sector has jumped its sales by 87.73% annually for the last half of the decade. The company achieved an average annual earnings per share of 47.50%. With a float of $153.79 million, this company’s outstanding shares have now reached $192.99 million.

In an organization with 57 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 32.48%, operating margin of -209.87%, and the pretax margin is -226.61%.

KULR Technology Group Inc (KULR) Insider Updates

Observing investor behavior towards Electronic Components industry stocks is more important than anything else. The insider ownership of KULR Technology Group Inc is 20.31%, while institutional ownership is 4.63%. The most recent insider transaction that took place on Jun 04 ’24, was worth 47,197. In this transaction President and COO of this company sold 150,167 shares at a rate of $0.31, taking the stock ownership to the 349,833 shares. Before that another transaction happened on Jun 05 ’24, when Company’s President and COO sold 119,754 for $0.31, making the entire transaction worth $37,124. This insider now owns 230,079 shares in total.

KULR Technology Group Inc (KULR) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 47.50% per share during the next fiscal year.

KULR Technology Group Inc (AMEX: KULR) Trading Performance Indicators

KULR Technology Group Inc (KULR) is currently performing well based on its current performance indicators. A quick ratio of 0.52 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.35.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.09 in one year’s time.

Technical Analysis of KULR Technology Group Inc (KULR)

Let’s dig in a bit further. During the last 5-days, its volume was 2.49 million. That was inferior than the volume of 6.22 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 20.12%. Additionally, its Average True Range was 0.02.

During the past 100 days, KULR Technology Group Inc’s (KULR) raw stochastic average was set at 2.21%, which indicates a significant decrease from 17.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.15% in the past 14 days, which was lower than the 146.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.3137, while its 200-day Moving Average is $0.3062. However, in the short run, KULR Technology Group Inc’s stock first resistance to watch stands at $0.2203. Second resistance stands at $0.2250. The third major resistance level sits at $0.2327. If the price goes on to break the first support level at $0.2079, it is likely to go to the next support level at $0.2002. Assuming the price breaks the second support level, the third support level stands at $0.1955.

KULR Technology Group Inc (AMEX: KULR) Key Stats

Market capitalization of the company is 41.59 million based on 187,886K outstanding shares. Right now, sales total 9,830 K and income totals -23,690 K. The company made 1,750 K in profit during its latest quarter, and -5,010 K in sales during its previous quarter.