KULR Technology Group Inc (AMEX:KULR) does about 29.59M shares in volume on a normal day but saw 76929428 shares change hands in the recent trading day. The company now has a market cap of 1.08B USD. Its current market price is $4.66, marking a decrease of -2.92% compared to the previous close of $4.80. The 52 week high reached by this stock is $4.94 whilst the lowest price level in 52 weeks is $0.10.
KULR Technology Group Inc (KULR) has a 20-day trading average at $1.98 and the current price is -5.67% off the 52-week high compared with 4560.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.02 and its 200-day simple moving average is $0.52. If we look at the stock’s price movements over the week, volatility stands at 31.20%, which decreases to 27.70% 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 88.21 to suggest the stock is overbought.
The consensus objective for the share price is $4.22, suggesting that the stock has a potential downside of -10.43% 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 135.77%, 357.19%, and 799.04% 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 108.04% over the week and 506.45% over the past month. Its price is 2418.92% year-to-date and 2305.78% 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 shrink -10.43 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 1.55. Price to book ratio is 181.18 and price to sales ratio is 111.60.
