KULR Technology Group (NYSEAMERICAN:KULR) Trading Up 11.2% – Still a Buy?

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) traded up 11.2% during mid-day trading on Friday . The company traded as high as $3.45 and last traded at $3.38. 9,689,562 shares changed hands during trading, a decline of 67% from the average session volume of 29,550,398 shares. The stock had previously closed at $3.04.

KULR Technology Group Trading Up 18.1 %

The stock has a market capitalization of $859.02 million, a PE ratio of -29.92 and a beta of 3.17. The company has a quick ratio of 0.71, a current ratio of 0.81 and a debt-to-equity ratio of 0.05.

Hedge Funds Weigh In On KULR Technology Group

A number of institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC bought a new position in shares of KULR Technology Group during the third quarter valued at $29,000. XTX Topco Ltd purchased a new stake in KULR Technology Group during the 2nd quarter valued at $31,000. Finally, Geode Capital Management LLC raised its stake in shares of KULR Technology Group by 44.5% in the third quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock worth $443,000 after purchasing an additional 479,026 shares during the last quarter. 21.23% of the stock is owned by institutional investors.

KULR Technology Group Company Profile

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.