Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
KULR Technology Group Inc (AMEX: KULR) closed the day trading at $0.45 up 9.61% from the previous closing price of $0.41. In other words, the price has increased by $9.61 from its previous closing price. On the day, 7.44 million shares were traded. KULR stock price reached its highest trading level at $0.46 during the session, while it also had its lowest trading level at $0.386.
Ratios:
For a better understanding of KULR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 0.56.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Alliance Global Partners on October 18, 2021, initiated with a Buy rating and assigned the stock a target price of $3.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 25 ’24 when Knowles Timothy Ray sold 361,338 shares for $0.29 per share. The transaction valued at 104,788 led to the insider holds 14,268,027 shares of the business.
Knowles Timothy Ray sold 460,037 shares of KULR for $101,208 on Mar 22 ’24. The 10% Owner now owns 14,629,365 shares after completing the transaction at $0.22 per share. On Mar 21 ’24, another insider, Knowles Timothy Ray, who serves as the 10% Owner of the company, sold 510,598 shares for $0.23 each. As a result, the insider received 117,438 and left with 15,089,402 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KULR now has a Market Capitalization of 77128136 and an Enterprise Value of 82297976. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.86. Its current Enterprise Value per Revenue stands at 8.372 whereas that against EBITDA is -4.075.
Stock Price History:
Over the past 52 weeks, KULR has reached a high of $1.10, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is 47.05%, while the 200-Day Moving Average is calculated to be 6.51%.
Shares Statistics:
Over the past 3-months, KULR traded about 11.15M shares per day on average, while over the past 10 days, KULR traded about 11782970 shares per day. A total of 133.90M shares are outstanding, with a floating share count of 124.98M. Insiders hold about 27.70% of the company’s shares, while institutions hold 3.43% stake in the company. Shares short for KULR as of 1711584000 were 12201380 with a Short Ratio of 1.09, compared to 1709164800 on 3282937. Therefore, it implies a Short% of Shares Outstanding of 12201380 and a Short% of Float of 12.94.
Earnings Estimates
At present, SULR analysts are actively evaluating the performance of KULR Technology Group Inc (KULR) in the stock market.The consensus estimate for the next quarter is $0.45, with high estimates of $5.50 and low estimates of $0.00.
