$2.16M in average volume shows that KULR Technology Group Inc (KULR) is heading in the right direction

KULR Technology Group Inc (AMEX: KULR) kicked off on Tuesday, down -4.25% from the previous trading day, before settling in for the closing price of $0.26. Over the past 52 weeks, KULR has traded in a range of $0.10-$0.90.

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Technology Sector giant saw their annual sales surged by 87.73% over the last five years. While this was happening, its average annual earnings per share was recorded 45.00%. With a float of $153.79 million, this company’s outstanding shares have now reached $192.99 million.

The firm has a total of 57 workers. Let’s measure their productivity. 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 Activity

Our next focus will be how large-scale investors are participating in this stock of the Electronic Components Industry. 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) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.05 earnings per share (EPS), higher than consensus estimate (set at -0.05) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 45.00% per share during the next fiscal year.

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

Take a look at KULR Technology Group Inc’s (KULR) current performance indicators. Last quarter, stock had a quick ratio of 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.96.

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)

Analysing the last 5-days average volume posted by the [KULR Technology Group Inc, KULR], we can find that recorded value of 1.28 million was lower than the volume posted last year of 5.95 million. As of the previous 9 days, the stock’s Stochastic %D was 44.13%. 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 6.53%, which indicates a significant decrease from 49.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.96% in the past 14 days, which was lower than the 115.57% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.2964, while its 200-day Moving Average is $0.3034. Now, the first resistance to watch is $0.2549. This is followed by the second major resistance level at $0.2641. The third major resistance level sits at $0.2715. If the price goes on to break the first support level at $0.2383, it is likely to go to the next support level at $0.2309. Should the price break the second support level, the third support level stands at $0.2217.

KULR Technology Group Inc (AMEX: KULR) Key Stats

The company with the Market Capitalisation of 47.42 million has total of 187,886K Shares Outstanding. Its annual sales at the moment are 9,830 K in contrast with the sum of -23,690 K annual income. Company’s last quarter sales were recorded 2,430 K and last quarter income was -5,890 K.