KULR Technology Group, Inc. (OTCMKTS:KULR) Expected to Earn Q4 2023 Earnings of ($0.01) Per Share

KULR Technology Group, Inc. (OTCMKTS:KULRGet Rating) – Investment analysts at Taglich Brothers issued their Q4 2023 earnings estimates for KULR Technology Group in a research report issued on Thursday, November 17th. Taglich Brothers analyst J. Nobile expects that the company will earn ($0.01) per share for the quarter. The consensus estimate for KULR Technology Group’s current full-year earnings is ($0.19) per share.

KULR Technology Group Price Performance

Shares of KULR Technology Group stock opened at $1.90 on Monday. The company has a market cap of $203.96 million, a price-to-earnings ratio of -10.55 and a beta of 2.18. The company’s 50 day moving average is $1.54 and its 200 day moving average is $1.52. KULR Technology Group has a twelve month low of $1.02 and a twelve month high of $3.69.

Institutional Trading of KULR Technology Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of KULR Technology Group by 3.7% in the first quarter. Vanguard Group Inc. now owns 2,834,615 shares of the company’s stock worth $6,151,000 after purchasing an additional 100,122 shares in the last quarter. State Street Corp increased its stake in shares of KULR Technology Group by 11.3% in the first quarter. State Street Corp now owns 175,811 shares of the company’s stock worth $382,000 after purchasing an additional 17,811 shares in the last quarter. Northern Trust Corp increased its stake in shares of KULR Technology Group by 15.2% in the first quarter. Northern Trust Corp now owns 103,463 shares of the company’s stock worth $225,000 after purchasing an additional 13,634 shares in the last quarter. Citigroup Inc. increased its stake in shares of KULR Technology Group by 53.4% in the first quarter. Citigroup Inc. now owns 85,125 shares of the company’s stock worth $185,000 after purchasing an additional 29,644 shares in the last quarter. Finally, Ergoteles LLC purchased a new stake in shares of KULR Technology Group in the first quarter worth $101,000. 5.15% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at KULR Technology Group

In other KULR Technology Group news, insider Timothy Ray Knowles sold 18,398 shares of the stock in a transaction that occurred on Friday, September 2nd. The shares were sold at an average price of $1.40, for a total value of $25,757.20. Following the transaction, the insider now directly owns 770,360 shares in the company, valued at $1,078,504. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 36.40% of the stock is owned by insiders.

KULR Technology Group Company Profile

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KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for batteries, electronics, and other components applications in the United States. It offers lithium-ion battery thermal runaway shields; fiber thermal interface materials; phase change material heatsinks; internal short circuit device; KULR battery cell screening and testing automation system and tech safe case; cellcheck; and CRUX cathodes.

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Earnings History and Estimates for KULR Technology Group (OTCMKTS:KULR)

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