KULR Technology Group (NYSEAMERICAN:KULR) Director Sells $54,700.00 in Stock

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) Director Joanna Massey sold 10,000 shares of the company’s stock in a transaction dated Friday, October 3rd. The stock was sold at an average price of $5.47, for a total transaction of $54,700.00. Following the transaction, the director owned 17,813 shares in the company, valued at $97,437.11. The trade was a 35.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

KULR Technology Group Trading Up 14.7%

Shares of KULR opened at $5.46 on Friday. The firm’s 50-day moving average is $4.84 and its two-hundred day moving average is $7.67. KULR Technology Group, Inc. has a twelve month low of $2.16 and a twelve month high of $43.92. The firm has a market capitalization of $224.46 million, a P/E ratio of -9.41 and a beta of 2.05.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Police & Firemen s Retirement System of New Jersey acquired a new position in KULR Technology Group during the second quarter worth about $59,000. The Manufacturers Life Insurance Company acquired a new position in KULR Technology Group during the second quarter worth about $81,000. Intech Investment Management LLC purchased a new stake in shares of KULR Technology Group in the second quarter valued at about $118,000. Invesco Ltd. purchased a new stake in shares of KULR Technology Group in the second quarter valued at about $124,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of KULR Technology Group in the second quarter valued at about $129,000. 21.23% of the stock is currently owned by institutional investors and hedge funds.

KULR Technology Group Company Profile

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.