KULR Technology Group Inc [AMEX: KULR] slipped around -0.11 points on Friday, while shares priced at $0.59 at the close of the session, down -15.79%. The company report on April 3, 2024 at 8:00 AM that Investing in the Electric Aircraft Revolution.
Vancouver, Kelowna and Delta, British Columbia–(Newsfile Corp. – April 3, 2024) – Investorideas.com, a go-to investing platform covering defense and energy stocks releases a news report on the evolving electric aircraft market and companies playing a key role, featuring KULR Technology Group, Inc (NYSE American: KULR), a leading energy management platform company offering proven solutions that play a critical role in accelerating the electrification of the circular economy.
Compared to the average trading volume of 9.61M shares, KULR reached a trading volume of 12014257 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about KULR Technology Group Inc [KULR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KULR shares is $2.55 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KULR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Alliance Global Partners have made an estimate for KULR Technology Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 18, 2021.
The Average True Range (ATR) for KULR Technology Group Inc is set at 0.09, with the Price to Sales ratio for KULR stock in the period of the last 12 months amounting to 8.38. The Price to Book ratio for the last quarter was 62.22, with the Price to Cash per share for the same quarter was set at 0.01.
How has KULR stock performed recently?
KULR Technology Group Inc [KULR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 54.08. With this latest performance, KULR shares gained by 309.44% in over the last four-week period, additionally plugging by 54.08% over the last 6 months – not to mention a drop of -28.60% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KULR stock in for the last two-week period is set at 70.84, with the RSI for the last a single of trading hit 68.77, and the three-weeks RSI is set at 70.70 for KULR Technology Group Inc [KULR]. The present Moving Average for the last 50 days of trading for this stock 0.2196, while it was recorded at 0.6204 for the last single week of trading, and 0.4203 for the last 200 days.
KULR Technology Group Inc [KULR]: Deeper insight into the fundamentals
KULR Technology Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.44.
Earnings analysis for KULR Technology Group Inc [KULR]
With the latest financial reports released by the company, KULR Technology Group Inc posted -0.04/share EPS, while the average EPS was predicted by analysts to be reported at -0.05/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 20.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KULR.
Insider trade positions for KULR Technology Group Inc [KULR]
The top three institutional holders of KULR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in KULR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in KULR stock with ownership which is approximately 5.8386%.
