KULR Technology Group Sees Unusually Large Options Volume (NYSEAMERICAN:KULR)

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) was the target of some unusual options trading activity on Tuesday. Traders acquired 22,070 call options on the stock. This is an increase of approximately 1,229% compared to the typical volume of 1,661 call options.

KULR Technology Group Stock Performance

KULR Technology Group stock opened at $0.77 on Wednesday. The firm has a market capitalization of $165.73 million, a price-to-earnings ratio of -6.40 and a beta of 1.74. 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 $0.10 and a 1-year high of $0.97.

Analyst Ratings Changes

Separately, Benchmark reissued a “speculative buy” rating and issued a $1.00 price target on shares of KULR Technology Group in a research note on Tuesday, August 13th.

Institutional Investors Weigh In On KULR Technology Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC purchased a new stake in KULR Technology Group in the 3rd quarter valued at $29,000. XTX Topco Ltd purchased a new stake in shares of KULR Technology Group in the second quarter valued at about $31,000. Finally, Geode Capital Management LLC boosted its stake in shares of KULR Technology Group by 44.5% during 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 period. 21.23% of the stock is currently owned by institutional investors and hedge funds.

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.