Take off with KULR Technology Group Inc (KULR): Get ready for trading

With 5.41 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.83 million shares. During the session, the Electronic Components company that operates in wider Technology sector, reached to the highest price of $0.3974 whereas the lowest price it dropped to was $0.3651. The 52-week range on KULR shows that it touched its highest point at $0.90 and its lowest point at $0.10 during that stretch. It currently has a 1-year price target of $2.87. Beta for the stock currently stands at 0.94.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KULR was up-trending over the past week, with a rise of 8.31%, but this was up by 26.63% over a month. Three-month performance surged to 80.93% while six-month performance rose 11.37%. The stock gained 9.89% in the past year, while it has gained 110.76% so far this year. A look at the trailing 12-month EPS for KULR yields -0.12 with Next year EPS estimates of -0.07. For the next quarter, that number is -0.02. This implies an EPS growth rate of 50.00% for this year and 30.00% for next year.

Float and Shares Shorts:

At present, 214.23 million KULR shares are outstanding with a float of 197.38 million shares on hand for trading. On 2024-10-31, short shares totaled 7.28 million, which was 366.0 higher than short shares on 1727654400. In addition to Mr. Michael Mo as the firm’s Co-Founder, Chairman & CEO, Mr. Shawn Canter serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.04976 of KULR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, KULR reported revenue of $2432005.0 and operating income of -$5327058.0. The EBITDA in the recently reported quarter was -$4783883.0 and diluted EPS was -$0.03.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With KULR analysts setting a high price target of 7.0 and a low target of 0.62, the average target price over the next 12 months is 2.87333. Based on these targets, KULR could surge 1694.87% to reach the target high and rise by 58.97% to reach the target low. Reaching the average price target will result in a growth of 636.75% from current levels.

Analysts have provided yearly estimates in a range of -$0.08 being high and -$0.12 being low. For KULR, this leads to a yearly average estimate of -$0.1. The surprise factor in the prior quarter was -$0.03. Based on analyst estimates, the high estimate for the next quarter is -$0.02 and the low estimate is -$0.02. The average estimate for the next quarter is thus -$0.02.