KULR Technology Group Inc. (AMEX:KULR) saw a downside of -3.75% to close Friday at $0.77 after subtracting -$0.03 on the day. The 5-day average trading volume is 1,631,700 shares of the company’s common stock. It has gained $1.1000 in the past week and touched a new high 2 times within the past 5 days. An average of 705,150 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 496,958.
KULR’s 1-month performance is -20.62% or -$0.1500 on its low of $0.6800 reached on 08/10/23. The company’s shares have touched a 52-week low of $0.55 and high of $2.22, with the stock’s rally to the 52-week high happening on 02/06/23. YTD, KULR has lost -35.83% or -$0.4300 and has reached a new high 9 times. However, the current price is down -65.32% from the 52-week high price.
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Insider Transactions
KULR stock investors last saw insider trading activity on Jun 29.Knowles Timothy Ray (Executive Technical Fellow) most recently sold 61,756 shares at $0.62 per share on Jun 29. This transaction cost the insider $38,289. Executive Technical Fellow, Knowles Timothy Ray, sold 38,244 shares at a price of $0.64 on Jun 28. Then, on Sep 02, Chief Technical Officer Knowles Timothy Ray sold 18,398 shares at a price of $1.40 per share. This transaction amounted to $25,757.
Valuation Metrics
KULR stock has a beta of 0.45. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 16.96 while the price-to-book (PB) in the most recent quarter is 25.67.
KULR Technology Group Inc.’s quick ratio for the period ended June 29 was 0.50, with the current ratio over the same period at 0.60. In terms of profitability, the gross margin trailing 12 months is 52.80%. The trailing 12-month EBITDA margin is -446.44%. The firm’s gross profit as reported stood at $2.36 million against revenue of $4.0 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 100.0% to -$13.79 million, while revenue of -$5.65 million was 59.03% off the previous quarter. Analysts expected KULR to announce -$0.05 per share in earnings in its latest quarter, but it posted -$0.05, representing a 0.00% surprise. EBITDA for the quarter stood at more than -$5.17 million. KULR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 11.79 million, with total debt at $7.49 million. Shareholders hold equity totaling $118.78 million.
Let’s look briefly at KULR Technology Group Inc. (KULR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 42.62% to suggest the stock is trending Neutral, with historical volatility in this time period at 208.46%.
The stock’s 5-day moving average is $0.8742, reflecting a -6.14% or -$0.0504 change from its current price. KULR is currently trading -22.88% above its 20-day SMA, +1.32% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +8.45% and SMA200 by-62.44%.
Stochastic %K and %D was 48.41% and 59.91% and the average true range (ATR) pointed at 0.1071. The RSI (14) points at 44.90%, while the 14-day stochastic is at 21.43% with the period’s ATR at 0.0966. The stock’s 9-day MACD Oscillator is pointing at 0.0507 and 0.0315 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for KULR Technology Group Inc. (AMEX: KULR), Alliance Global Partners launched coverage with a Buy rating.
