The price of KULR Technology Group Inc (AMEX:KULR) shares last traded on Wall Street fell -2.50% to $1.17.
KULR stock price is now -12.66% away from the 50-day moving average and -2.54% away from the 200-day moving average. The market capitalization of the company currently stands at $349.21M.
With the price target enhanced from $1 to $5, The Benchmark Company Upgraded its rating from Speculative Buy to Buy for KULR Technology Group Inc (AMEX: KULR). On October 18, 2021, Alliance Global Partners recently initiated its ‘Buy’ rating on the stock quoting a target price of $3.50
In other news, Cochran Terry Keith, President and COO sold 150,167 shares of the company’s stock on Jun 04 ’24. The stock was sold for $47,197 at an average price of $0.31. Upon completion of the transaction, the President and COO now directly owns 349,833 shares in the company, valued at $0.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 05 ’24, President and COO Cochran Terry Keith sold 119,754 shares of the business’s stock. A total of $37,124 was realized by selling the stock at an average price of $0.31. This leaves the insider owning 230,079 shares of the company worth $0.27 million. A total of 14.56% of the company’s stock is owned by insiders.
During the past 12 months, KULR Technology Group Inc has had a low of $0.20 and a high of $5.49. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 8.96, and a quick ratio of 8.58.
The net profit margin was -273.86% and return on equity was -67.89% for KULR. The company reported revenue of $2.45 million for the quarter, compared to $1.75 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 40.02 percent. For the current quarter, analysts expect KULR to generate $3.45M in revenue.
