KULR Technology Group Inc (AMEX:KULR) traded at $2.18 at close of the session on Tuesday, January 28 and made a downward move of -0.91% on its previous day’s price.
Looking at the stock we see that its previous close was $2.20 and the beta (5Y monthly) reads 0.862 with the day’s price range being $2.12 – $2.2699. In terms of its 52-week price range, KULR has a high of $5.49 and a low of $0.10. The company’s stock has lost about -36.26% over that past 30 days.
KULR Technology Group Inc has a market cap of $521.62 million and is expected to release its quarterly earnings report in February.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 2.87M, with a low of 2.8M and a high of 3M. The median projection represents growth squeezing down to 22.84% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 10.24M, or 4.22% up from figures reported last year.
On the other hand, looking at the outlook for the KULR stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is -22.78% off its SMA20 and 12.61% from its 50-day simple moving average. The RSI (14) is pointing at 45.72 while the volatility over the past week is 9.83% and jumps to 18.56% over the past one month. The beta value is 1.26, while the average true range (ATR) is currently pointing at 0.43.
Coming back to KULR Technology Group Inc (AMEX:KULR), we note that the average 3-month trading volume was 40.25 million, while that of the preceding 10-day period stands at 24.24 million. Current shares outstanding are 239.28 million.
The insiders hold 14.48% of the company’s shares while institutions hold 3.78%. The data shows that short shares as of 2024-10-31, stood at 7.28 million at a short ratio of 3.58. This represents a 412.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 7.65 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -38.59% down in year-to-date price movement.
