KULR’s 73.84% Gain This Week Has Revealed Something We Didn’t Know Before

During the recent session, KULR Technology Group Inc (AMEX:KULR)’s traded shares were 5.31 million, with the beta value of the company hitting 0.88. The 52-week high for the KULR share is $1.10, that puts it down -54.93 from that peak though still a striking 85.92% gain since the share price plummeted to a 52-week low of $0.10. The company’s market capitalization is $94.94M, and the average intraday trading volume over the past 10 days was 44.44 million shares, and the average trade volume was 9.45 million shares over the past three months.

KULR Technology Group Inc (AMEX:KULR) trade information

KULR Technology Group Inc (KULR) registered a 0.80% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.80% in intraday trading to $0.71, hitting a weekly high. The stock’s 5-day price performance is 73.84%, and it has moved by 375.17% in 30 days. Based on these gigs, the overall price performance for the year is -16.98%. The short interest in KULR Technology Group Inc (AMEX:KULR) is 3.4 million shares and it means that shorts have 0.89 day(s) to cover.

KULR Technology Group Inc (KULR) estimates and forecasts

In the rating firms’ projections, revenue will increase 183.10% compared to the previous financial year.

Revenue for the current quarter is expected to be $3.81 million as predicted by 4 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to $4.8 million by the end of Mar 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $1.81 million and $1.76 million respectively. In this case, analysts expect current quarter sales to grow by 110.50% and then jump by 172.70% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -37.16%. While earnings are projected to return -6.94% in 2024.

KULR Dividends

KULR Technology Group Inc is due to release its next quarterly earnings on April 12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

KULR Technology Group Inc (AMEX:KULR)’s Major holders

KULR Technology Group Inc insiders own 28.24% of total outstanding shares while institutional holders control 4.44%, with the float percentage being 6.19%. Vanguard Group Inc is the largest shareholder of the company, while 41 institutions own stock in it. As of Jun 29, 2023, the company held over 3.11 million shares (or 3.29% of all shares), a total value of $1.99 million in shares.

The next largest institutional holding, with 0.73 million shares, is of Blackrock Inc.’s that is approximately 0.77% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $0.47 million.

Also, the Mutual Funds coming in first place with the largest holdings of KULR Technology Group Inc (KULR) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Jun 29, 2023 indicates that Vanguard Total Stock Market Index Fund owns about 2.13 million shares. This amounts to just over 2.25 percent of the company’s overall shares, with a $1.36 million market value. The same data shows that the other fund manager holds slightly less at 0.83 million, or about 0.87% of the stock, which is worth about $0.53 million.