Investors Purchase Large Volume of Call Options on KULR Technology Group (NYSEAMERICAN:KULR)

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) saw unusually large options trading activity on Monday. Stock traders bought 27,307 call options on the stock. This represents an increase of approximately 42% compared to the average daily volume of 19,221 call options.

KULR Technology Group Stock Performance

Shares of KULR stock opened at $2.60 on Tuesday. KULR Technology Group has a fifty-two week low of $0.11 and a fifty-two week high of $5.49. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.81 and a quick ratio of 0.71. The firm has a market capitalization of $711.23 million, a PE ratio of -21.67 and a beta of 2.34.

Hedge Funds Weigh In On KULR Technology Group

Several large investors have recently added to or reduced their stakes in the business. Virtu Financial LLC acquired a new position in KULR Technology Group during the third quarter valued at approximately $29,000. Kellett Wealth Advisors LLC bought a new stake in shares of KULR Technology Group in the fourth quarter worth $43,000. International Assets Investment Management LLC acquired a new stake in KULR Technology Group during the fourth quarter valued at approximately $56,000. Maiden Cove Capital LLC bought a new position in KULR Technology Group during the 4th quarter worth approximately $71,000. Finally, Joseph P. Lucia & Associates LLC acquired a new position in shares of KULR Technology Group in the 4th quarter worth approximately $79,000. 21.23% of the stock is currently owned by hedge funds and other institutional investors.

About KULR Technology Group

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.