KULR Technology Group (NYSEAMERICAN:KULR) Stock Price Down 4.6% – Should You Sell?

KULR Technology Group, Inc. (NYSEAMERICAN:KULR)’s stock price traded down 4.6% on Friday . The company traded as low as $2.38 and last traded at $2.37. 7,498,727 shares changed hands during trading, a decline of 77% from the average session volume of 32,015,023 shares. The stock had previously closed at $2.48.

KULR Technology Group Trading Down 8.1 %

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 stock has a market capitalization of $545.56 million, a price-to-earnings ratio of -19.00 and a beta of 2.43.

Institutional Investors Weigh In On KULR Technology Group

Several large investors have recently added to or reduced their stakes in KULR. Virtu Financial LLC bought a new position in KULR Technology Group in the third quarter worth approximately $29,000. XTX Topco Ltd bought a new position in KULR Technology Group in the second quarter worth approximately $31,000. International Assets Investment Management LLC bought a new position in KULR Technology Group in the fourth quarter worth approximately $56,000. Maiden Cove Capital LLC bought a new position in KULR Technology Group in the fourth quarter worth approximately $71,000. Finally, Fortem Financial Group LLC bought a new position in KULR Technology Group in the fourth quarter worth approximately $298,000. Institutional investors and hedge funds own 21.23% of the company’s stock.

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.