KULR Technology Group (NYSEAMERICAN:KULR) Reaches New 12-Month High – Should You Buy?

Shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR) hit a new 52-week high during trading on Tuesday . The stock traded as high as $3.16 and last traded at $3.08, with a volume of 16539626 shares trading hands. The stock had previously closed at $2.83.

KULR Technology Group Stock Up 19.8 %

The company has a quick ratio of 0.71, a current ratio of 0.81 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $811.16 million, a P/E ratio of -28.25 and a beta of 3.17.

Institutional Investors Weigh In On KULR Technology Group

Several hedge funds and other institutional investors have recently made changes to their positions in KULR. Virtu Financial LLC bought a new position in KULR Technology Group in the 3rd quarter worth $29,000. XTX Topco Ltd purchased a new stake in KULR Technology Group in the second quarter worth about $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 buying an additional 479,026 shares during the period. Hedge funds and other institutional investors own 21.23% of the company’s stock.

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.