A new trading day began on Monday, with KULR Technology Group Inc (AMEX: KULR) stock price down -3.00% from the previous day of trading, before settling in for the closing price of $0.30. KULR’s price has ranged from $0.10 to $0.90 over the past 52 weeks.
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Annual sales at Technology sector company grew by 87.73% over the past five years. Meanwhile, its annual earnings per share averaged 50.00%. With a float of $182.88 million, this company’s outstanding shares have now reached $199.03 million.
Let’s look at the performance matrix of the company that is accounted for 57 employees. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electronic Components Industry. The insider ownership of KULR Technology Group Inc is 8.11%, while institutional ownership is 4.73%. 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
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.05 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 50.00% per share during the next fiscal year.
KULR Technology Group Inc (AMEX: KULR) Trading Performance Indicators
Here are KULR Technology Group Inc’s current performance indicators. According to the last quarter’s results, the 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 6.13.
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 -0.07 in one year’s time.
Technical Analysis of KULR Technology Group Inc (KULR)
KULR Technology Group Inc (AMEX: KULR) saw its 5-day average volume 1.67 million, a negative change from its year-to-date volume of 5.27 million. As of the previous 9 days, the stock’s Stochastic %D was 12.63%. 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 39.37%, which indicates a significant increase from 29.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.75% in the past 14 days, which was lower than the 88.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2717, while its 200-day Moving Average is $0.3056. Nevertheless, the first resistance level for the watch stands at $0.3022 in the near term. At $0.3099, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.3158. If the price goes on to break the first support level at $0.2886, it is likely to go to the next support level at $0.2827. Assuming the price breaks the second support level, the third support level stands at $0.2750.
KULR Technology Group Inc (AMEX: KULR) Key Stats
With a market capitalization of 58.59 million, the company has a total of 187,886K Shares Outstanding. Currently, annual sales are 9,830 K while annual income is -23,690 K. The company’s previous quarter sales were 2,430 K while its latest quarter income was -5,890 K.
