KULR Technology Group (NYSEAMERICAN:KULR) Shares Gap Up – Here’s What Happened

Shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR) gapped up prior to trading on Tuesday . The stock had previously closed at $2.21, but opened at $2.74. KULR Technology Group shares last traded at $2.69, with a volume of 12,746,543 shares.

KULR Technology Group Stock Down 0.9 %

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

Institutional Investors Weigh In On KULR Technology Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC raised its position in shares of KULR Technology Group by 44.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock valued at $443,000 after acquiring an additional 479,026 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of KULR Technology Group during the fourth quarter worth $56,000. Virtu Financial LLC bought a new position in shares of KULR Technology Group in the 3rd quarter worth about $29,000. Fortem Financial Group LLC acquired a new position in shares of KULR Technology Group in the 4th quarter valued at about $298,000. Finally, XTX Topco Ltd bought a new stake in shares of KULR Technology Group during the 2nd quarter valued at about $31,000. Institutional investors own 21.23% of the company’s stock.

KULR Technology Group Company 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.