KULR Technology Group (NYSEAMERICAN:KULR) Shares Gap Down – What’s Next?

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) gapped down prior to trading on Monday . The stock had previously closed at $2.41, but opened at $2.13. KULR Technology Group shares last traded at $2.10, with a volume of 25,139,293 shares changing hands.

KULR Technology Group Stock Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81. The company has a market cap of $550.34 million, a P/E ratio of -19.17 and a beta of 3.17.

Hedge Funds Weigh In On KULR Technology Group

A number of large investors have recently made changes to their positions in KULR. International Assets Investment Management LLC acquired a new position in KULR Technology Group in the fourth quarter worth approximately $56,000. XTX Topco Ltd acquired a new position in KULR Technology Group in the second quarter worth approximately $31,000. Fortem Financial Group LLC acquired a new position in KULR Technology Group in the fourth quarter worth approximately $298,000. Virtu Financial LLC acquired a new position in KULR Technology Group in the third quarter worth approximately $29,000. Finally, Geode Capital Management LLC increased its holdings in KULR Technology Group by 44.5% in the third quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock worth $443,000 after buying an additional 479,026 shares during the last quarter. Institutional investors and hedge funds own 21.23% of the company’s stock.

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.