KULR Technology Group, Inc. (NYSEAMERICAN:KULR – Get Free Report) shares fell 2.7% on Friday . The stock traded as low as $0.28 and last traded at $0.28. 1,827,002 shares traded hands during trading, a decline of 65% from the average session volume of 5,203,853 shares. The stock had previously closed at $0.29.
Wall Street Analyst Weigh In
Separately, Benchmark reiterated a “speculative buy” rating and issued a $1.00 price objective on shares of KULR Technology Group in a report on Tuesday, August 13th.
View Our Latest Research Report on KULR Technology Group
KULR Technology Group Price Performance
KULR Technology Group (NYSEAMERICAN:KULR – Get Free Report) last released its earnings results on Monday, August 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). KULR Technology Group had a negative net margin of 226.61% and a negative return on equity of 1,529.98%. The company had revenue of $2.43 million during the quarter, compared to analyst estimates of $2.30 million. Equities research analysts anticipate that KULR Technology Group, Inc. will post -0.1 earnings per share for the current fiscal year.
Hedge Funds Weigh In On KULR Technology Group
An institutional investor recently raised its position in KULR Technology Group stock. Chapin Davis Inc. boosted its position in KULR Technology Group, Inc. (NYSEAMERICAN:KULR – Free Report) by 45.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 80,000 shares of the company’s stock after purchasing an additional 25,000 shares during the period. Chapin Davis Inc. owned about 0.06% of KULR Technology Group worth $30,000 as of its most recent filing with the SEC. Institutional investors own 21.23% of the company’s stock.
About KULR Technology Group
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.
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