KULR Technology Group Inc (AMEX:KULR) Rises 45.00% In 2024; Is It Still Attractive At $0.24?

In last trading session, KULR Technology Group Inc (AMEX:KULR) saw 0.81 million shares changing hands with its beta currently measuring 0.87. Company’s recent per share price level of $0.24 trading at $0.0 or -1.50% at ring of the bell on the day assigns it a market valuation of $45.68M. That closing price of KULR’s stock is at a discount of -275.0% from its 52-week high price of $0.90 and is indicating a premium of 58.33% from its 52-week low price of $0.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.36 million shares which gives us an average trading volume of 2.16 million if we extend that period to 3-months.

KULR Technology Group Inc (AMEX:KULR) trade information

Upright in the red during last session for losing -1.50%, in the last five days KULR remained trading in the red while hitting it’s week-highest on Friday, 08/30/24 when the stock touched $0.24 price level, adding 10.81% to its value on the day. KULR Technology Group Inc’s shares saw a change of 27.95% in year-to-date performance and have moved -7.21% in past 5-day. KULR Technology Group Inc (AMEX:KULR) showed a performance of -0.13% in past 30-days. Number of shares sold short was 11.86 million shares which calculate 5.77 days to cover the short interests.

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KULR Technology Group Inc (KULR) estimates and forecasts

Statistics highlight that KULR Technology Group Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 69.07% of value to its shares in past 6 months, showing an annual growth rate of 40.00% while that of industry is -6.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -3.40% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.42M for the same. And 2 analysts are in estimates of company making revenue of 2.9M in the next quarter. Company posted 3.04M and 2.33M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -49.98% during past 5 years.

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

Insiders are in possession of 19.84% of company’s total shares while institution are holding 4.63 percent of that, with stock having share float percentage of 5.78%. Investors also watch the number of corporate investors in a company very closely, which is 4.63% institutions for KULR Technology Group Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at KULR for having 4.85 million shares of worth $1.92 million. And as of 2024-06-30, it was holding 3.4087 of the company’s outstanding shares.

The second largest institutional holder is GEODE CAPITAL MANAGEMENT, LLC, which was holding about 1.08 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.756 of outstanding shares, having a total worth of $0.43 million.