KULR Technology Group Inc (KULR) is gearing up for another turning point as it hit the volume of 19.29 million

A new trading day began on Monday, with KULR Technology Group Inc (AMEX: KULR) stock price down -7.81% from the previous day of trading, before settling in for the closing price of $1.28. KULR’s price has ranged from $0.10 to $1.75 over the past 52 weeks.

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During the last 5-year period, the sales growth of Technology Sector giant was 87.73%. Meanwhile, its annual earnings per share averaged 57.50%. With a float of $197.38 million, this company’s outstanding shares have now reached $201.18 million.

Let’s determine the extent of company efficiency that accounts for 57 employees. 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

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 7.87%, while institutional ownership is 4.44%. 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 57.50% 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 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 25.27.

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)

Looking closely at KULR Technology Group Inc (AMEX: KULR), its last 5-days average volume was 30.43 million, which is a jump from its year-to-date volume of 9.43 million. As of the previous 9 days, the stock’s Stochastic %D was 59.04%. Additionally, its Average True Range was 0.18.

During the past 100 days, KULR Technology Group Inc’s (KULR) raw stochastic average was set at 63.23%, which indicates a significant increase from 60.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 324.13% in the past 14 days, which was higher than the 165.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.4857, while its 200-day Moving Average is $0.3743. However, in the short run, KULR Technology Group Inc’s stock first resistance to watch stands at $1.2867. Second resistance stands at $1.3933. The third major resistance level sits at $1.4567. If the price goes on to break the first support level at $1.1167, it is likely to go to the next support level at $1.0533. Should the price break the second support level, the third support level stands at $0.9467.

KULR Technology Group Inc (AMEX: KULR) Key Stats

With a market capitalization of 245.13 million, the company has a total of 239,279K Shares Outstanding. Currently, annual sales are 9,830 K while annual income is -23,690 K. The company’s previous quarter sales were 3,190 K while its latest quarter income was -2,000 K.