Look Past The Setbacks And Give KULR Technology Group Inc (AMEX: KULR) Another Chance

KULR Technology Group Inc (AMEX:KULR) currently has a daily average trading volume of 11.10M but it saw 5439269 shares traded in last market. With a market cap of 82.99M USD, the company’s current market price of $0.48 came falling about -4.95 while comparing to the previous closing price of $0.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.10 and as low as $0.10.

Taking a look at 20-day trading activity of KULR Technology Group Inc (KULR) gives us an average price of $0.5357, while its current price level is -56.35% below from 52-week high level whereas it is 380.10% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2993 while that of 200 days or SMA-200 reads an average of $0.4214. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.85% during that period while stretching the period over a month that increases to 29.27%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.50 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Alliance Global Partners which initiated the stock as “Buy” in its note to investors issued on October 18, 2021, recommending a price target of $3.50 for it.

Over the week, KULR’s stock price is moving -40.29% down while it is 220.07% when we observe its performance for the past one month. Year-to-date it is 159.51% up and over the past year, the stock is showing a downside performance of -34.23%.

Currently, KULR Technology Group Inc’s total number of outstanding shares is 133.90M. Company’s return on equity (ROE) at -570.17%. Stock’s beta reads 0.87. Stock has a price to sale or P/S ratio amounts to 8.44. Its return on asset (ROA) is -137.39% on average.