Stock Traders Buy Large Volume of KULR Technology Group Call Options (NYSEAMERICAN:KULR)

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) was the recipient of unusually large options trading on Monday. Stock investors purchased 27,307 call options on the company. This is an increase of 42% compared to the typical volume of 19,221 call options.

Hedge Funds Weigh In On KULR Technology Group

Institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC grew its position in shares of KULR Technology Group by 44.5% during the third quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock worth $443,000 after buying an additional 479,026 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of KULR Technology Group during the third quarter worth about $29,000. Fortem Financial Group LLC acquired a new position in shares of KULR Technology Group during the fourth quarter worth about $298,000. International Assets Investment Management LLC acquired a new position in shares of KULR Technology Group during the fourth quarter worth about $56,000. Finally, Maiden Cove Capital LLC acquired a new position in shares of KULR Technology Group during the fourth quarter worth about $71,000. 21.23% of the stock is owned by institutional investors and hedge funds.

KULR Technology Group Stock Performance

NYSEAMERICAN KULR traded up $0.48 during trading on Monday, hitting $2.51. The stock had a trading volume of 24,724,071 shares, compared to its average volume of 22,792,859. The company has a market cap of $685.24 million, a P/E ratio of -20.99 and a beta of 2.34. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.81 and a quick ratio of 0.71. KULR Technology Group has a twelve month low of $0.11 and a twelve month high of $5.49.

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.