KULR Technology Group (NYSEAMERICAN:KULR) Receives “Speculative Buy” Rating from Benchmark

KULR Technology Group (NYSEAMERICAN:KULR)‘s stock had its “speculative buy” rating restated by Benchmark in a research report issued on Tuesday, Benzinga reports. They presently have a $1.00 price objective on the stock. Benchmark’s price objective points to a potential upside of 399.75% from the stock’s previous close.

KULR Technology Group Trading Down 23.2 %

Shares of NYSEAMERICAN KULR traded down $0.06 on Tuesday, reaching $0.20. 3,353,908 shares of the company traded hands, compared to its average volume of 6,317,983. The company has a market cap of $37.60 million, a P/E ratio of -1.11 and a beta of 1.75. KULR Technology Group has a fifty-two week low of $0.10 and a fifty-two week high of $1.10. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.46 and a quick ratio of 0.32.

KULR Technology Group (NYSEAMERICAN:KULR) last issued its quarterly earnings results on Wednesday, May 15th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). KULR Technology Group had a negative return on equity of 1,667.70% and a negative net margin of 225.04%. The company had revenue of $1.75 million for the quarter, compared to analyst estimates of $4.50 million. As a group, equities analysts predict that KULR Technology Group will post -0.11 earnings per share for the current year.

Insider Buying and Selling at KULR Technology Group

In other KULR Technology Group news, COO Terry Keith Cochran sold 108,079 shares of the business’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $0.29, for a total transaction of $31,342.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 16.76% of the stock is owned by company insiders.

Institutional Trading of KULR Technology Group

An institutional investor recently bought a new position in KULR Technology Group stock. XTX Topco Ltd purchased a new position in KULR Technology Group, Inc. (NYSEAMERICAN:KULR) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 77,997 shares of the company’s stock, valued at approximately $31,000. Institutional investors 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.