KULR Technology Group Inc (KULR) 20 Days SMA touches 135.77%: The odds favor the bear

A new trading day began on Friday, with KULR Technology Group Inc (AMEX: KULR) stock price down -2.92% from the previous day of trading, before settling in for the closing price of $4.80. KULR’s price has ranged from $0.10 to $4.94 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 87.73%. Meanwhile, its annual earnings per share averaged 58.33%. With a float of $198.57 million, this company’s outstanding shares have now reached $201.18 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

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 7.31%, while institutional ownership is 4.42%. 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 58.33% 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 111.60.

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 -0.06 in one year’s time.

Technical Analysis of KULR Technology Group Inc (KULR)

Compared to the last year’s volume of 11.91 million, its volume of 70.36 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 91.23%. Additionally, its Average True Range was 0.51.

During the past 100 days, KULR Technology Group Inc’s (KULR) raw stochastic average was set at 84.31%, which indicates a significant increase from 81.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 224.79% in the past 14 days, which was higher than the 187.66% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.02, while its 200-day Moving Average is $0.52. Nevertheless, the first resistance level for the watch stands at $5.35 in the near term. At $6.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.58. If the price goes on to break the first support level at $4.12, it is likely to go to the next support level at $3.57. Should the price break the second support level, the third support level stands at $2.89.

KULR Technology Group Inc (AMEX: KULR) Key Stats

With a market capitalization of 1.08 billion, 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.