KULR Technology Group Sees Unusually Large Options Volume (NYSEAMERICAN:KULR)

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) was the recipient of unusually large options trading activity on Tuesday. Traders acquired 10,672 call options on the company. This represents an increase of 82% compared to the average volume of 5,853 call options.

Institutional Trading of KULR Technology Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new stake in KULR Technology Group during the 2nd quarter worth approximately $31,000. Virtu Financial LLC purchased a new stake in shares of KULR Technology Group during the third quarter worth $29,000. Finally, Geode Capital Management LLC raised its stake in shares of KULR Technology Group by 44.5% in the third 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. Hedge funds and other institutional investors own 21.23% of the company’s stock.

KULR Technology Group Stock Down 5.9 %

Shares of NYSEAMERICAN KULR traded down $0.09 during midday trading on Tuesday, reaching $1.35. 22,473,837 shares of the stock were exchanged, compared to its average volume of 9,736,184. KULR Technology Group has a twelve month low of $0.10 and a twelve month high of $1.75. The company has a market capitalization of $321.83 million, a P/E ratio of -11.50 and a beta of 3.17. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.81 and a quick ratio of 0.71.

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.