KULR Technology Group Inc (AMEX:KULR) does about 3.46M shares in volume on a normal day but saw 24222757 shares change hands in the recent trading day. The company now has a market cap of 101.78M USD. Its current market price is $0.45, marking an increase of 6.74% compared to the previous close of $0.42. The 52 week high reached by this stock is $0.90 whilst the lowest price level in 52 weeks is $0.10.
KULR Technology Group Inc (KULR) has a 20-day trading average at $0.3549 and the current price is -50.54% off the 52-week high compared with 345.10% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3175 and its 200-day simple moving average is $0.3253. If we look at the stock’s price movements over the week, volatility stands at 13.25%, which decreases to 11.81% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 62.77 to suggest the stock is neutral.
The consensus objective for the share price is $3.83, suggesting that the stock has a potential upside of 88.25% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 18, 2021 when Alliance Global Partners initiated the stock to “Buy” and issued a price target of $3.50.
The current price level is 25.41%, 40.21%, and 36.84% away from its SMA20, SMA50, and SMA200 respectively, with the KULR price moving below the 50-day SMA on current market day. KULR Technology Group Inc (KULR) stock is up 14.16% over the week and 54.12% over the past month. Its price is 140.59% year-to-date and 48.86% over the past year.
To reach the target analysts have set, the stock logically needs to grow 88.25 percent from here.
Outstanding shares total 214.23M with insiders holding 17.47% of the shares and institutional holders owning 4.98% of the company’s common stock. The company has a return on investment of -284.05% and return on equity of -567.81%. The beta has a value of 0.96. Price to book ratio is 17.31 and price to sales ratio is 10.49.
