Boom Or Bust: What Does The Future Hold For KULR Technology Group Inc (AMEX: KULR) Stock?

KULR Technology Group Inc (AMEX:KULR)’s traded shares stood at 5.41 million during the last session, with the company’s beta value hitting 0.94. At the close of trading, the stock’s price was $0.39, to imply an increase of 1.75% or $0.01 in intraday trading. The KULR share’s 52-week high remains $0.90, putting it -130.77% down since that peak but still an impressive 74.36% since price per share fell to its 52-week low of $0.10. The company has a valuation of $83.53M, with an average of 7.96 million shares in intraday trading volume over the past 10 days and average of 2.83 million shares over the past 3 months.

KULR Technology Group Inc (AMEX:KULR) trade information

After registering a 1.75% upside in the last session, KULR Technology Group Inc (KULR) has traded red over the past five days. The 5-day price performance for the stock is 8.31%, and 26.63% over 30 days. With these gigs, the year-to-date price performance is 110.76%. Short interest in KULR Technology Group Inc (AMEX:KULR) saw shorts transact 7.28 million shares and set a 3.58 days time to cover.

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KULR Technology Group Inc (KULR) estimates and forecasts

Looking at statistics comparing KULR Technology Group Inc share performance against respective industry, we note that the company has outperformed competitors. KULR Technology Group Inc (KULR) shares are 11.37% up over the last 6 months, with its year-to-date growth rate higher than industry average at 50.00% against -4.20%. Revenue is forecast to grow 50.00% this quarter before jumping 50.00% for the next one. The rating firms project that company’s revenue will shrink -3.71% compared to the previous financial year.

Revenue forecast for the current quarter as set by 3 analysts is 2.87M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 3M.Earnings reports from the last fiscal year show that sales brought in 2.33M and 1.75M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 22.84% before jumping 71.52% in the following quarter.

KULR Dividends

KULR Technology Group Inc has its next earnings report out on 2024-Nov-13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

KULR Technology Group Inc insiders hold 17.47% of total outstanding shares, with institutional holders owning 4.98% of the shares at 6.03% float percentage. In total, 4.98% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 4.85 million shares (or 3.4087% of shares), all amounting to roughly $1.92 million.

The next major institution holding the largest number of shares is GEODE CAPITAL MANAGEMENT, LLC with 1.08 million shares, or about 0.756% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.43 million.