Can KULR Technology Group Inc’s (KULR) hike of 17.97% in a week be considered a lucky break?

On Monday, KULR Technology Group Inc (AMEX: KULR) opened higher 11.03% from the last session, before settling in for the closing price of $1.36. Price fluctuations for KULR have ranged from $0.20 to $5.49 over the past 52 weeks.

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A company in the Technology sector has jumped its sales by 96.54% annually for the last half of the decade. Company’s average yearly earnings per share was noted 38.89% at the time writing. With a float of $243.20 million, this company’s outstanding shares have now reached $264.67 million.

In an organization with 55 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 51.07%, operating margin of -141.89%, and the pretax margin is -163.2%.

KULR Technology Group Inc (KULR) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Electronic Components industry is another important factor to consider. The insider ownership of KULR Technology Group Inc is 14.48%, while institutional ownership is 7.82%. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 38.89% per share during the next fiscal year.

KULR Technology Group Inc (AMEX: KULR) Trading Performance Indicators

Check out the current performance indicators for KULR Technology Group Inc (KULR). In the past quarter, the stock posted a quick ratio of 7.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 39.98.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.02 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 7.77 million. That was inferior than the volume of 14.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 75.80%. Additionally, its Average True Range was 0.11.

During the past 100 days, KULR Technology Group Inc’s (KULR) raw stochastic average was set at 10.16%, which indicates a significant decrease from 91.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.81% in the past 14 days, which was lower than the 154.58% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.3336, while its 200-day Moving Average is $1.1429. However, in the short run, KULR Technology Group Inc’s stock first resistance to watch stands at $1.5567. Second resistance stands at $1.6033. The third major resistance level sits at $1.6667. If the price goes on to break the first support level at $1.4467, it is likely to go to the next support level at $1.3833. The third support level lies at $1.3367 if the price breaches the second support level.

KULR Technology Group Inc (AMEX: KULR) Key Stats

There are currently 284,390K shares outstanding in the company with a market cap of 429.43 million. Presently, the company’s annual sales total 10,740 K according to its annual income of -17,520 K. Last quarter, the company’s sales amounted to 3,370 K and its income totaled -4,620 K.

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