KULR Technology Group, Inc. (NYSEAMERICAN:KULR – Get Free Report) traded down 13.2% during mid-day trading on Wednesday . The stock traded as low as $2.82 and last traded at $2.83. 8,230,153 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 34,168,910 shares. The stock had previously closed at $3.26.
KULR Technology Group Trading Down 13.3 %
The company has a market capitalization of $576.66 million, a PE ratio of -20.08 and a beta of 3.17. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81.
Hedge Funds Weigh In On KULR Technology Group
Institutional investors and hedge funds have recently bought and sold shares of the stock. XTX Topco Ltd acquired a new position in shares of KULR Technology Group in the 2nd quarter valued at about $31,000. Geode Capital Management LLC lifted its position in KULR Technology Group by 44.5% during the third quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock valued at $443,000 after buying an additional 479,026 shares in the last quarter. Virtu Financial LLC purchased a new stake in KULR Technology Group during the third quarter worth approximately $29,000. Fortem Financial Group LLC acquired a new stake in shares of KULR Technology Group in the fourth quarter worth $298,000. Finally, International Assets Investment Management LLC purchased a new position in shares of KULR Technology Group in the 4th quarter valued at $56,000. Institutional investors and hedge funds 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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