April 15, 2024

KULR Technology Group, Inc. (OTCMKTS:KULR – Get Rating) – Research analysts at Taglich Brothers issued their Q2 2023 earnings per share estimates for KULR Technology Group in a research note issued on Wednesday, June 22nd. Taglich Brothers analyst J. Nobile anticipates that the company will earn ($0.01) per share for the quarter. The consensus estimate for KULR Technology Group’s current full-year earnings is ($0.15) per share. Taglich Brothers also issued estimates for KULR Technology Group’s Q3 2023 earnings at $0.01 EPS, Q4 2023 earnings at $0.03 EPS and FY2023 earnings at $0.01 EPS.

Shares of OTCMKTS:KULR opened at $1.56 on Friday. The stock’s 50-day simple moving average is $1.57 and its two-hundred day simple moving average is $2.14. KULR Technology Group has a 52-week low of $1.18 and a 52-week high of $3.81. KULR Technology Group (OTCMKTS:KULR – Get Rating) last announced its earnings results on Monday, May 16th. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). The business had revenue of $0.20 million for the quarter, compared to analysts’ expectations of $0.63 million. KULR Technology Group had a negative return on equity of 104.86% and a negative net margin of 651.30%.


Communist China has the USA in a resource stranglehold. They have a monopoly on this CRITICAL metal that we desperately need for military technology. In fact, both Trump AND Biden passed executive orders that addressed this crisis. And it could have a massive effect on smart investor’s bank accounts.

A number of institutional investors and hedge funds have recently bought and sold shares of KULR. Vanguard Group Inc. raised its position in shares of KULR Technology Group by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 2,834,615 shares of the company’s stock worth $6,151,000 after acquiring an additional 100,122 shares in the last quarter. Ergoteles LLC purchased a new stake in KULR Technology Group during the 1st quarter valued at about $101,000. Citigroup Inc. grew its stake in KULR Technology Group by 53.4% during the 1st quarter. Citigroup Inc. now owns 85,125 shares of the company’s stock valued at $185,000 after purchasing an additional 29,644 shares during the last quarter. State Street Corp grew its stake in KULR Technology Group by 11.3% during the 1st quarter. State Street Corp now owns 175,811 shares of the company’s stock valued at $382,000 after purchasing an additional 17,811 shares during the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of KULR Technology Group in the fourth quarter worth about $42,000. Institutional investors own 4.97% of the company’s stock.

In related news, COO Terry Keith Cochran sold 90,200 shares of KULR Technology Group stock in a transaction that occurred on Thursday, March 31st. The stock was sold at an average price of $2.24, for a total transaction of $202,048.00. Following the sale, the chief operating officer now owns 275,096 shares of the company’s stock, valued at approximately $616,215.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

KULR Technology Group Company Profile (Get Rating)

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for batteries, electronics, and other components applications in the United States. It offers lithium-ion battery thermal runaway shields; fiber thermal interface materials; phase change material heatsinks; internal short circuit device; KULR battery cell screening and testing automation system and tech safe case; cellcheck; and CRUX cathodes.

Further Reading

Earnings History and Estimates for KULR Technology Group (OTCMKTS:KULR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in KULR Technology Group right now?

Before you consider KULR Technology Group, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and KULR Technology Group wasn’t on the list.

While KULR Technology Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

Source link