KULR Technology Group Inc (AMEX:KULR) does about 26.29M shares in volume on a normal day but saw 41889708 shares change hands in the recent trading day. The company now has a market cap of 798.43M USD. Its current market price is $2.83, marking a decrease of -4.07% compared to the previous close of $2.95. The 52 week high reached by this stock is $3.07 whilst the lowest price level in 52 weeks is $0.10.
KULR Technology Group Inc (KULR) has a 20-day trading average at $1.45 and the current price is -7.75% off the 52-week high compared with 2730.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.78 and its 200-day simple moving average is $0.46. If we look at the stock’s price movements over the week, volatility stands at 39.42%, which decreases to 27.04% 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 83.56 to suggest the stock is overbought.
The consensus objective for the share price is $4.22, suggesting that the stock has a potential upside of 32.94% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 19, 2024 when The Benchmark Company upgraded the stock to “Buy” and issued a price target of between $1 and $5.
The current price level is 95.66%, 262.64%, and 520.62% 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 97.90% over the week and 578.66% over the past month. Its price is 1429.73% year-to-date and 1254.07% 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 $10.24M for the current fiscal year and next year at $18.11M. 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 grow 32.94 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 1.49. Price to book ratio is 110.03 and price to sales ratio is 82.31.
