KULR Technology Group’s (KULR) Buy Rating Reiterated at Benchmark

Benchmark reaffirmed their buy rating on shares of KULR Technology Group (NYSEAMERICAN:KULR) in a research report sent to investors on Tuesday,Benzinga reports. They currently have a $5.00 price target on the stock.

KULR Technology Group Price Performance

KULR Technology Group stock opened at $1.65 on Tuesday. The company has a 50 day moving average price of $2.21. The stock has a market cap of $451.36 million, a PE ratio of -13.75 and a beta of 2.34. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81. KULR Technology Group has a 1-year low of $0.15 and a 1-year high of $5.49.

Hedge Funds Weigh In On KULR Technology Group

A number of hedge funds have recently modified their holdings of KULR. Gotham Asset Management LLC acquired a new stake in KULR Technology Group in the 4th quarter valued at approximately $39,000. Brevan Howard Capital Management LP purchased a new position in shares of KULR Technology Group during the fourth quarter worth $41,000. Kellett Wealth Advisors LLC purchased a new position in KULR Technology Group during the 4th quarter valued at about $43,000. International Assets Investment Management LLC acquired a new position in KULR Technology Group in the 4th quarter valued at about $56,000. Finally, Alteri Wealth LLC acquired a new position in KULR Technology Group in the 4th quarter valued at about $57,000. 21.23% of the stock is currently owned by hedge funds and other institutional investors.

KULR Technology Group Company Profile

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.