Market Momentum Report: KULR Technology Group Inc (KULR)’s Positive Close at 0.26

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The price of KULR Technology Group Inc (AMEX: KULR) closed at $0.26 in the last session, up 0.59% from day before closing price of $0.26. In other words, the price has increased by $0.59 from its previous closing price. On the day, 1.19 million shares were traded. KULR stock price reached its highest trading level at $0.2687 during the session, while it also had its lowest trading level at $0.2406.

Ratios:

We take a closer look at KULR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.61. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.34.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 04 ’24 when Cochran Terry Keith sold 150,167 shares for $0.31 per share. The transaction valued at 47,197 led to the insider holds 349,833 shares of the business.

Cochran Terry Keith sold 119,754 shares of KULR for $37,124 on Jun 05 ’24. The President and COO now owns 230,079 shares after completing the transaction at $0.31 per share. On Jun 06 ’24, another insider, Cochran Terry Keith, who serves as the President and COO of the company, sold 108,079 shares for $0.29 each. As a result, the insider received 31,440 and left with 0 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 49521232 and an Enterprise Value of 50943280. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.18 while its Price-to-Book (P/B) ratio in mrq is 12.58. Its current Enterprise Value per Revenue stands at 5.331 whereas that against EBITDA is -2.914.

Stock Price History:

Over the past 52 weeks, KULR has reached a high of $0.90, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -14.53%, while the 200-Day Moving Average is calculated to be -15.59%.

Shares Statistics:

According to the various share statistics, KULR traded on average about 2.20M shares per day over the past 3-months and 1845050 shares per day over the past 10 days. A total of 192.99M shares are outstanding, with a floating share count of 153.79M. Insiders hold about 20.31% of the company’s shares, while institutions hold 4.63% stake in the company. Shares short for KULR as of 1723680000 were 11855284 with a Short Ratio of 5.39, compared to 1721001600 on 9858350. Therefore, it implies a Short% of Shares Outstanding of 11855284 and a Short% of Float of 6.9699995.

Earnings Estimates

The current rating of KULR Technology Group Inc (KULR) is the result of assessments by 2.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.02 and low estimates of -$0.03.

Analysts are recommending an EPS of between -$0.1 and -$0.12 for the fiscal current year, implying an average EPS of -$0.11. EPS for the following year is -$0.08, with 2.0 analysts recommending between -$0.08 and -$0.09.

Revenue Estimates

According to 2 analysts, the current quarter’s revenue is expected to be $2.42M. It ranges from a high estimate of $2.43M to a low estimate of $2.4M. As of the current estimate, KULR Technology Group Inc’s year-ago sales were $3.04MFor the next quarter, 2 analysts are estimating revenue of $2.9M. There is a high estimate of $3M for the next quarter, whereas the lowest estimate is $2.8M.

A total of 2 analysts have provided revenue estimates for KULR’s current fiscal year. The highest revenue estimate was $9.58M, while the lowest revenue estimate was $9.41M, resulting in an average revenue estimate of $9.5M. In the same quarter a year ago, actual revenue was $9.83MBased on 2 analysts’ estimates, the company’s revenue will be $18.91M in the next fiscal year. The high estimate is $19M and the low estimate is $18.83M.

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