In yesterday’s Wall Street session, KULR Technology Group Inc (AMEX:KULR) shares traded at $0.41, up 7.89% from the previous session.
KULR stock price is now 132.22% away from the 50-day moving average and -2.85% away from the 200-day moving average. The market capitalization of the company currently stands at $54.61M.
With the price target of $3.50, Alliance Global Partners recently initiated with Buy rating for KULR Technology Group Inc (AMEX: KULR).
In other news, Knowles Timothy Ray, 10% Owner sold 361,338 shares of the company’s stock on Mar 25 ’24. The stock was sold for $104,788 at an average price of $0.29. Upon completion of the transaction, the 10% Owner now directly owns 14,268,027 shares in the company, valued at $5.85 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 22 ’24, 10% Owner Knowles Timothy Ray sold 460,037 shares of the business’s stock. A total of $101,208 was realized by selling the stock at an average price of $0.22. This leaves the insider owning 14,629,365 shares of the company worth $6.0 million. A total of 27.47% of the company’s stock is owned by insiders.
During the past 12 months, KULR Technology Group Inc has had a low of $0.10 and a high of $1.10. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 0.44, and a quick ratio of 0.30. The fifty day moving average price for KULR is $0.1837 and a two-hundred day moving average price translates $0.4069 for the stock.
The latest earnings results from KULR Technology Group Inc (AMEX: KULR) was released for Sep, 2023. According to the Electronic Components Company, earnings per share came in at -$0.05, inline with analysts’ expectations of -$0.05. This compares to -$0.05 EPS in the same period last year. The net profit margin was -246.61% and return on equity was -502.79% for KULR. The company reported revenue of $3.04 million for the quarter, compared to $1.39 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 118.31 percent. For the current quarter, analysts expect KULR to generate $3.81M in revenue.
