KULR Technology Group Inc (AMEX:KULR) price on Thursday, May 09,rose 11.64% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.47.
A look at the stock’s price movement, the close in the last trading session was $0.42. Turning to its 52-week performance, $1.10 and $0.10 were the 52-week high and 52-week low respectively. Overall, KULR moved -41.55% over the past month.
KULR Technology Group Inc’s market cap currently stands at around $81.25 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that KULR is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
KULR’s current price about -6.46% and 18.74% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 50.39, while 7-day volatility ratio is 10.32% and 13.48% in the 30-day chart. Further, KULR Technology Group Inc (KULR) has a beta value of 0.85, and an average true range (ATR) of 0.07.
If we refocus on KULR Technology Group Inc (AMEX:KULR), historical trading data shows that trading volumes averaged 12.22 million over the past 3 months. The company’s latest data on shares outstanding shows there are 133.90 million shares.
The 28.81% of KULR Technology Group Inc’s shares are in the hands of company insiders while institutional holders own 3.54% of the company’s shares. Current price change has pushed the stock 154.05% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KULR stock continues to rise going into the next quarter.