KULR Technology Group Inc (AMEX:KULR) price on Thursday, March 20, fall -3.68% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.57.
A look at the stock’s price movement, the close in the last trading session was $1.63, moving within a range at $1.52 and $1.67. The beta value (5-Year monthly) was 1.259. Turning to its 52-week performance, $5.49 and $0.16 were the 52-week high and 52-week low respectively. Overall, KULR moved -21.50% over the past month.
KULR Technology Group Inc’s market cap currently stands at around $375.67 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-12.
Analysts have a consensus estimate of 2.87M for the company’s revenue for the quarter, with a low and high estimate of 2.8M and 3M respectively. The average forecast suggests up to a 22.83% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 10.26M, representing a 4.33% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that KULR is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
KULR’s current price about 11.74% and -18.70% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.92, while 7-day volatility ratio is 12.21% and 13.65% in the 30-day chart. Further, KULR Technology Group Inc (KULR) has a beta value of 1.23, and an average true range (ATR) of 0.21.
If we refocus on KULR Technology Group Inc (AMEX:KULR), historical trading data shows that trading volumes averaged 13.58 over the past 10 days and 23.84 million over the past 3 months. The company’s latest data on shares outstanding shows there are 239.28 million shares.
The 14.48% of KULR Technology Group Inc’s shares are in the hands of company insiders while institutional holders own 8.88% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 20.28 million on 2025-02-28, giving us a short ratio of 1.41. The data shows that as of 2025-02-28 short interest in KULR Technology Group Inc (KULR) stood at 935.0 of shares outstanding, with shares short rising to 18.31 million registered in 2025-01-31. Current price change has pushed the stock -55.77% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KULR stock continues to rise going into the next quarter.
