Vanguard Group Inc. Increases Stake in KULR Technology Group, Inc. (NYSEAMERICAN:KULR)

Vanguard Group Inc. boosted its stake in KULR Technology Group, Inc. (NYSEAMERICAN:KULR) by 71.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,247,336 shares of the company’s stock after acquiring an additional 3,446,894 shares during the period. Vanguard Group Inc. owned 3.01% of KULR Technology Group worth $29,278,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Kellett Wealth Advisors LLC purchased a new position in KULR Technology Group during the 4th quarter valued at about $43,000. International Assets Investment Management LLC purchased a new position in shares of KULR Technology Group during the fourth quarter valued at approximately $56,000. Maiden Cove Capital LLC purchased a new position in shares of KULR Technology Group during the fourth quarter valued at approximately $71,000. Guardian Partners Inc. purchased a new stake in shares of KULR Technology Group in the 4th quarter worth approximately $71,000. Finally, Joseph P. Lucia & Associates LLC bought a new position in KULR Technology Group during the 4th quarter valued at approximately $79,000. 21.23% of the stock is owned by institutional investors.

KULR Technology Group Stock Up 6.6 %

Shares of KULR Technology Group stock opened at $1.30 on Tuesday. 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 stock has a market capitalization of $355.62 million, a PE ratio of -10.83 and a beta of 2.34. KULR Technology Group, Inc. has a 52-week low of $0.20 and a 52-week high of $5.49. The company has a 50-day simple moving average of $1.62 and a two-hundred day simple moving average of $1.32.

Wall Street Analysts Forecast Growth

Separately, Benchmark reissued a “buy” rating and issued a $5.00 target price on shares of KULR Technology Group in a report on Tuesday, March 18th.

KULR Technology Group 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.