The stock price of KULR Technology Group Inc (AMEX: KULR) has plunged by -8.28 when compared to previous closing price of 0.39, but the company has seen a -22.23% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-13 that Start Time: 16:30 January 1, 0000 4:59 PM ET KULR Technology Group, Inc. (NYSE:KULR ) Q3 2024 Earnings Call November 13, 2024, 16:30 PM ET Company Participants Michael Mo – CEO Shawn Canter – CFO Stuart Smith – IR Conference Call Participants Stuart Smith Good afternoon, everyone, and welcome to the KULR Technology Group Third Quarter 2024 Earnings Call. I’m your moderator for the call, Stuart Smith, and I will be joined on the call today by the CEO of KULR Technology Group, Michael Mo and the CFO of the company, Shawn Canter.
Is It Worth Investing in KULR Technology Group Inc (AMEX: KULR) Right Now?
The stock has a 36-month beta value of 0.92. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for KULR is 197.38M, and at present, short sellers hold a 3.69% of that float. On November 18, 2024, the average trading volume of KULR was 2.88M shares.
KULR’s Market Performance
KULR stock saw an increase of -22.23% in the past week, with a monthly gain of 17.83% and a quarterly increase of 63.14%. The volatility ratio for the week is 21.53%, and the volatility levels for the last 30 days are 9.84% for KULR Technology Group Inc (KULR). The simple moving average for the last 20 days is 6.99% for KULR stock, with a simple moving average of 11.62% for the last 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 16.21% 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 -60.27% of loss for the given period.
Volatility was left at 9.84%, however, over the last 30 days, the volatility rate increased by 21.53%, as shares surge +21.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.60% upper at present.
During the last 5 trading sessions, KULR fell by -22.44%, which changed the moving average for the period of 200-days by +108.05% in comparison to the 20-day moving average, which settled at $0.3342. In addition, KULR Technology Group Inc saw 93.30% 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:
- -1.72 for the present operating margin
- 0.41 for the gross margin
The net margin for KULR Technology Group Inc stands at -1.87. The total capital return value is set at -2.62. Equity return is now at value -567.81, with -144.99 for asset returns.
Based on KULR Technology Group Inc (KULR), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at -5.2. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is -15.91.
Currently, EBITDA for the company is -20.03 million with net debt to EBITDA at -0.12. When we switch over and look at the enterprise to sales, we see a ratio of 7.94. The receivables turnover for the company is 3.18for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.78.
Conclusion
To sum up, KULR Technology Group Inc (KULR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
