KULR Technology Group (NYSEAMERICAN:KULR) Stock Price Down 6% – Time to Sell?

KULR Technology Group, Inc. (NYSEAMERICAN:KULR)’s share price fell 6% during trading on Tuesday . The company traded as low as $2.38 and last traded at $2.45. 4,347,587 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 22,952,271 shares. The stock had previously closed at $2.60.

KULR Technology Group Trading Down 10.6 %

The firm has a market cap of $636.00 million, a price-to-earnings ratio of -19.46 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.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in KULR. Virtu Financial LLC purchased a new stake in shares of KULR Technology Group in the third quarter worth about $29,000. Kellett Wealth Advisors LLC purchased a new position in shares of KULR Technology Group in the fourth quarter valued at $43,000. International Assets Investment Management LLC purchased a new position in shares of KULR Technology Group in the fourth quarter valued at $56,000. Maiden Cove Capital LLC purchased a new position in shares of KULR Technology Group in the fourth quarter valued at $71,000. Finally, Joseph P. Lucia & Associates LLC purchased a new stake in shares of KULR Technology Group during the 4th quarter valued at about $79,000. 21.23% of the stock is 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.