Can KULR Technology Group Inc’s (KULR) hike of 53.04% in a week be considered a lucky break?

KULR Technology Group Inc (AMEX: KULR) on Monday, soared 21.38% from the previous trading day, before settling in for the closing price of $1.45. Within the past 52 weeks, KULR’s price has moved between $0.14 and $5.49.

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A company in the Technology sector has jumped its sales by 118.37% annually for the last half of the decade. The company achieved an average annual earnings per share of 58.33%. With a float of $204.62 million, this company’s outstanding shares have now reached $239.28 million.

In an organization with 57 employees, it is important to assess its efficiency. 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 and Institutional Ownership

Observing investor behavior towards Electronic Components industry stocks is more important than anything else. The insider ownership of KULR Technology Group Inc is 14.48%, while institutional ownership is 8.88%. 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) Latest Financial update

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

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 43.42.

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)

Let’s dig in a bit further. During the last 5-days, its volume was 17.08 million. That was inferior than the volume of 18.82 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 77.90%. Additionally, its Average True Range was 0.22.

During the past 100 days, KULR Technology Group Inc’s (KULR) raw stochastic average was set at 28.54%, which indicates a significant decrease from 93.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 130.85% in the past 14 days, which was lower than the 206.10% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.0308, while its 200-day Moving Average is $0.9471. However, in the short run, KULR Technology Group Inc’s stock first resistance to watch stands at $1.8767. Second resistance stands at $1.9933. The third major resistance level sits at $2.1767. If the price goes on to break the first support level at $1.5767, it is likely to go to the next support level at $1.3933. The third support level lies at $1.2767 if the price breaches the second support level.

KULR Technology Group Inc (AMEX: KULR) Key Stats

Market capitalization of the company is 421.13 million based on 273,554K outstanding shares. Right now, sales total 9,830 K and income totals -23,690 K. The company made 3,190 K in profit during its latest quarter, and -2,000 K in sales during its previous quarter.