KULR Technology Group Inc [KULR] Is Currently 10.54 above its 200 Period Moving Avg: What Does This Mean?

KULR Technology Group Inc [AMEX: KULR] gained 10.54% on the last trading session, reaching $0.28 price per share at the time.

If compared to the average trading volume of 1.87M shares, KULR reached a trading volume of 8550933 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying 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 $4.00 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 0.03, with the Price to Sales ratio for KULR stock in the period of the last 12 months amounting to 5.63. The Price to Book ratio for the last quarter was 13.68, with the Price to Cash per share for the same quarter was set at 0.01.

Trading performance analysis for KULR stock

KULR Technology Group Inc [KULR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.41. With this latest performance, KULR shares gained by 8.10% in over the last four-week period, additionally sinking by -34.17% over the last 6 months – not to mention a drop of -39.36% 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 54.93, with the RSI for the last a single of trading hit 57.59, and the three-weeks RSI is set at 52.20 for KULR Technology Group Inc [KULR]. The present Moving Average for the last 50 days of trading for this stock 0.2629, while it was recorded at 0.2651 for the last single week of trading, and 0.2995 for the last 200 days.

KULR Technology Group Inc [KULR]: A deeper dive into fundamental analysis

KULR Technology Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.52 and a Current Ratio set at 0.61.

An analysis of Institutional ownership at KULR Technology Group Inc [KULR]

There are presently around $4.64%, or 5.78%% of KULR stock, in the hands of institutional investors. The top three institutional holders of KULR stocks are: VANGUARD GROUP INC with ownership of 4.85 million shares, which is approximately 3.4087%. GEODE CAPITAL MANAGEMENT, LLC, holding 1.08 million shares of the stock with an approximate value of $$0.43 million in KULR stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$0.29 million in KULR stock with ownership which is approximately 0.5108%.