KULR Technology Group Inc (KULR): Investing In A Time Of Crisis

KULR Technology Group Inc (AMEX:KULR) currently has a daily average trading volume of 1.99M but it saw 1132900 shares traded in last market. With a market cap of 57.52M USD, the company’s current market price of $0.29 came falling about -1.06 while comparing to the previous closing price of $0.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.90 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.2811 while lowest mark touched by it was $0.296.

Taking a look at 20-day trading activity of KULR Technology Group Inc (KULR) gives us an average price of $0.3011, while its current price level is -67.89% below from 52-week high level whereas it is 189.00% 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 $0.2738 while that of 200 days or SMA-200 reads an average of $0.3065. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.08% during that period while stretching the period over a month that increases to 6.59%. 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 47.93 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 -9.40% down while it is 14.50% when we observe its performance for the past one month. Year-to-date it is 56.22% up and over the past year, the stock is showing a downside performance of -25.61%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.05 beat the consensus estimate of -0.05 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-13, for which analysts forecasted an EPS of -0.02 while estimate for next year EPS is -0.1. In next quarter, company is expected to be making quarterly sales of $2.87M as analysts are expecting the sales for current fiscal year at $9.46M and seeing the company making $17.61M in sales next year. Moreover, analysts are in estimates of $2.41M for current-quarter revenue.

Currently, KULR Technology Group Inc’s total number of outstanding shares is 199.03M. Company’s return on investment (ROI) stands at -420.90% and return on equity (ROE) at -592.58%. Stock’s beta reads 0.86. Stock has a price to book (P/B) ratio of 14.17 while price to sale or P/S ratio amounts to 6.02. Its return on asset (ROA) is -162.51% on average.