KULR Technology Group Inc (KULR) is gearing up for another turning point as it hit the volume of 9.12 million

KULR Technology Group Inc (AMEX: KULR) on Monday, plunged -11.52% from the previous trading day, before settling in for the closing price of $0.39. Within the past 52 weeks, KULR’s price has moved between $0.10 and $0.90.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 87.73%. The company achieved an average annual earnings per share of 50.00%. With a float of $197.38 million, this company’s outstanding shares have now reached $214.23 million.

Considering the fact that the conglomerate employs 57 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 41.48%, operating margin of -171.83%, and the pretax margin is -186.55%.

KULR Technology Group Inc (KULR) Insider Activity

Observing investor behavior towards Electronic Components industry stocks is more important than anything else. The insider ownership of KULR Technology Group Inc is 7.87%, while institutional ownership is 4.39%. 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

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

KULR Technology Group Inc (KULR) is currently performing well based on its current performance indicators. A quick ratio of 0.67 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 7.75.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.12, 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)

Compared to the last year’s volume of 5.3 million, its volume of 11.27 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 41.04%. Additionally, its Average True Range was 0.04.

During the past 100 days, KULR Technology Group Inc’s (KULR) raw stochastic average was set at 48.35%, which indicates a significant increase from 32.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 172.71% in the past 14 days, which was higher than the 101.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.3075, while its 200-day Moving Average is $0.3203. Nevertheless, the first resistance level for the watch stands at $0.3789 in the near term. At $0.4127, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.4355. If the price goes on to break the first support level at $0.3223, it is likely to go to the next support level at $0.2995. Should the price break the second support level, the third support level stands at $0.2657.

KULR Technology Group Inc (AMEX: KULR) Key Stats

Market capitalization of the company is 75.20 million based on 199,030K outstanding shares. Right now, sales total 9,830 K and income totals -23,690 K. The company made 2,430 K in profit during its latest quarter, and -5,890 K in sales during its previous quarter.