KULR Technology Group Inc (AMEX:KULR) does about 14.66M shares in volume on a normal day but saw 139903802 shares change hands in the recent trading day. The company now has a market cap of 486.65M USD. Its current market price is $1.41, marking an increase of 21.55% compared to the previous close of $1.16. The 52 week high reached by this stock is $1.20 whilst the lowest price level in 52 weeks is $0.10.
KULR Technology Group Inc (KULR) has a 20-day trading average at $0.5256 and the current price is 17.50% off the 52-week high compared with 1310.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3864 and its 200-day simple moving average is $0.3463. If we look at the stock’s price movements over the week, volatility stands at 41.13%, which decreases to 19.85% 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 87.32 to suggest the stock is overbought.
The consensus objective for the share price is $0.65, suggesting that the stock has a potential downside of -116.92% 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 168.29%, 264.87%, and 307.17% 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 216.78% over the week and 407.38% over the past month. Its price is 662.16% year-to-date and 382.05% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.02 and -0.09 for whole year. Expected sales for next quarter are $3M, which analysts say will come at $10.28M for the current fiscal year and next year at $17.61M. In addition, estimates put the company’s current quarterly revenue at an average of $2.87M.
To reach the target analysts have set, the stock logically needs to shrink -116.92 percent from here.
Outstanding shares total 201.18M 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 1.75. Price to book ratio is 54.82 and price to sales ratio is 50.17.
