KULR Technology Group (NYSEAMERICAN:KULR) Trading Up 6.7% – Here’s What Happened

KULR Technology Group, Inc. (NYSEAMERICAN:KULRGet Free Report) traded up 6.7% on Monday . The stock traded as high as $2.11 and last traded at $2.17. 4,500,610 shares traded hands during trading, a decline of 80% from the average session volume of 22,113,852 shares. The stock had previously closed at $2.03.

KULR Technology Group Price Performance

The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.05.

Institutional Investors Weigh In On KULR Technology Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC increased its holdings in shares of KULR Technology Group by 44.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock valued at $443,000 after purchasing an additional 479,026 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of KULR Technology Group in the third quarter valued at $29,000. Fortem Financial Group LLC acquired a new position in shares of KULR Technology Group during the 4th quarter valued at about $298,000. International Assets Investment Management LLC purchased a new stake in shares of KULR Technology Group during the 4th quarter valued at $56,000. Finally, Maiden Cove Capital LLC acquired a new stake in shares of KULR Technology Group during the 4th quarter worth $71,000. 21.23% of the stock is owned by hedge funds and other institutional investors.

About KULR Technology Group

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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.

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