Q1 2024 EPS Estimates for KULR Technology Group, Inc. (NYSEAMERICAN:KULR) Boosted by Analyst

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) – Stock analysts at Taglich Brothers lifted their Q1 2024 earnings per share estimates for KULR Technology Group in a research report issued on Tuesday, April 23rd. Taglich Brothers analyst H. Halpern now anticipates that the company will post earnings per share of ($0.03) for the quarter, up from their previous estimate of ($0.04). The consensus estimate for KULR Technology Group’s current full-year earnings is ($0.09) per share. Taglich Brothers also issued estimates for KULR Technology Group’s Q2 2024 earnings at ($0.02) EPS, Q3 2024 earnings at ($0.01) EPS, Q4 2024 earnings at ($0.01) EPS and FY2024 earnings at ($0.07) EPS.

Separately, Benchmark reiterated a “speculative buy” rating and issued a $1.00 price target on shares of KULR Technology Group in a research report on Tuesday, April 16th.

KULR Technology Group Stock Down 0.6 %

KULR opened at 0.47 on Friday. The stock has a market capitalization of $80.44 million, a P/E ratio of -2.33 and a beta of 2.08. KULR Technology Group has a 12 month low of 0.10 and a 12 month high of 1.10.

Institutional Trading of KULR Technology Group

A hedge fund recently raised its stake in KULR Technology Group stock. Chapin Davis Inc. lifted its position in KULR Technology Group, Inc. (NYSEAMERICAN:KULR) by 45.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 80,000 shares of the company’s stock after purchasing an additional 25,000 shares during the period. Chapin Davis Inc. owned 0.06% of KULR Technology Group worth $30,000 at the end of the most recent quarter. 21.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at KULR Technology Group

In other KULR Technology Group news, major shareholder Timothy Ray Knowles sold 460,037 shares of the business’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of 0.22, for a total transaction of 101,208.14. Following the completion of the transaction, the insider now owns 14,629,365 shares in the company, valued at 3,218,460.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 16.76% 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 batteries, electronics, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; fiber thermal interface materials; phase change material heatsinks; internal short circuit device; KULR battery cell screening and testing automation system and tech safe case; cellcheck; and CRUX cathodes.