Are Analysts Too Bullish On KULR Technology Group Inc (KULR)

KULR Technology Group Inc (AMEX:KULR) currently has a daily average trading volume of 11.93M but it saw 3449891 shares traded in last market. With a market cap of 81.06M USD, the company’s current market price of $0.47 came falling about -3.00 while comparing to the previous closing price of $0.48. 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 $0.5677, while its current price level is -57.37% below from 52-week high level whereas it is 368.90% 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 $0.3647 while that of 200 days or SMA-200 reads an average of $0.4058. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.64% during that period while stretching the period over a month that increases to 17.56%. 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 49.25 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 0.62% up while it is -33.39% when we observe its performance for the past one month. Year-to-date it is 153.46% up and over the past year, the stock is showing a downside performance of -27.86%.

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 0.88. Stock has a price to sale or P/S ratio amounts to 8.25. Its return on asset (ROA) is -137.39% on average.