Should You Invest in KULR Technology Group Inc (KULR) Now?

The 36-month beta value for KULR is at 0.85. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for KULR is 154.82M, and currently, shorts hold a 5.61% of that float. The average trading volume for KULR on September 18, 2024 was 1.93M shares.

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KULR) stock’s latest price update

KULR Technology Group Inc (AMEX: KULR) has seen a rise in its stock price by 4.91 in relation to its previous close of 0.28. However, the company has experienced a 19.66% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-16 that HOUSTON, Sept. 16, 2024 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, today unveiled its new KULR ONE Space presentation on its website at www.kulrtechnology.com.

KULR’s Market Performance

KULR Technology Group Inc (KULR) has experienced a 19.66% rise in stock performance for the past week, with a 35.93% rise in the past month, and a -19.78% drop in the past quarter. The volatility ratio for the week is 10.49%, and the volatility levels for the past 30 days are at 9.20% for KULR. The simple moving average for the past 20 days is 14.53% for KULR’s stock, with a -2.58% simple moving average for the past 200 days.

Analysts’ Opinion of KULR

Many brokerage firms have already submitted their reports for KULR stocks, with Alliance Global Partners repeating the rating for KULR by listing it as a “Buy.” The predicted price for KULR in the upcoming period, according to Alliance Global Partners is $3.50 based on the research report published on October 18, 2021 of the previous year 2021.

KULR Trading at 6.92% from the 50-Day Moving Average

After a stumble in the market that brought KULR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.47% of loss for the given period.

Volatility was left at 9.20%, however, over the last 30 days, the volatility rate increased by 10.49%, as shares surge +35.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.00% lower at present.

During the last 5 trading sessions, KULR rose by +19.66%, which changed the moving average for the period of 200-days by -2.40% in comparison to the 20-day moving average, which settled at $0.2595. In addition, KULR Technology Group Inc saw 58.27% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at KULR starting from Cochran Terry Keith, who sale 150,167 shares at the price of $0.31 back on Jun 04 ’24. After this action, Cochran Terry Keith now owns 349,833 shares of KULR Technology Group Inc, valued at $47,197 using the latest closing price.

Cochran Terry Keith, the President and COO of KULR Technology Group Inc, sale 119,754 shares at $0.31 during a trade that took place back on Jun 05 ’24, which means that Cochran Terry Keith is holding 230,079 shares at $37,124 based on the most recent closing price.

Stock Fundamentals for KULR

Current profitability levels for the company are sitting at:

  • -2.1 for the present operating margin
  • 0.32 for the gross margin

The net margin for KULR Technology Group Inc stands at -2.27. The total capital return value is set at -3.9. Equity return is now at value -592.58, with -162.51 for asset returns.

Based on KULR Technology Group Inc (KULR), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at -8.53. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -13.38.

Currently, EBITDA for the company is -20.2 million with net debt to EBITDA at -0.08. When we switch over and look at the enterprise to sales, we see a ratio of 6.06. The receivables turnover for the company is 4.94for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.61.

Conclusion

In conclusion, KULR Technology Group Inc (KULR) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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