KULR Technology Group (OTCMKTS:KULR) Upgraded to Hold by Zacks Investment Research

KULR Technological innovation Group (OTCMKTS:KULR – Get Score) was upgraded by Zacks Investment decision Study from a “sell” score to a “hold” ranking in a investigation note issued to buyers on Tuesday, Zacks.com reviews.

In accordance to Zacks, “KULR Know-how Team Inc. develops and commercializes thermal management technologies for electronics, batteries and other factors apps principally in the United States, by its subsidiary, KULR Technological know-how Corporation. KULR Technological know-how Team Inc. is based mostly in Campbell, California. “

OTCMKTS KULR opened at $1.69 on Tuesday. The agency has a current market capitalization of $180.87 million, a P/E ratio of -9.94 and a beta of 2.50. The business has a fifty working day simple relocating typical of $1.74 and a 200 day easy relocating normal of $2.27. KULR Technological know-how Group has a 12 month minimal of $1.18 and a 12 month significant of $3.81.

KULR Technological know-how Group (OTCMKTS:KULR – Get Rating) final produced its quarterly earnings final results on Monday, May well 16th. The company noted ($.04) EPS for the quarter, meeting analysts’ consensus estimates of ($.04). The business had earnings of $.20 million during the quarter, in contrast to analyst estimates of $.63 million. KULR Technology Team experienced a unfavorable return on equity of 104.86% and a destructive internet margin of 651.30%. As a team, analysis analysts foresee that KULR Engineering Group will post -.15 EPS for the present fiscal yr.

In other information, COO Terry Keith Cochran marketed 90,200 shares of the firm’s stock in a transaction on Thursday, March 31st. The stock was sold at an regular cost of $2.24, for a complete transaction of $202,048.00. Adhering to the completion of the sale, the main working officer now right owns 275,096 shares of the company’s stock, valued at about $616,215.04. The sale was disclosed in a lawful submitting with the SEC, which is accessible at the SEC web-site.

Numerous institutional buyers have a short while ago created improvements to their positions in the organization. BlackRock Inc. acquired a new place in shares of KULR Technologies Team through the 4th quarter truly worth $1,984,000. Geode Cash Management LLC acquired a new posture in shares of KULR Know-how Team throughout the 4th quarter well worth $1,178,000. Vanguard Group Inc. grew its stake in shares of KULR Technological innovation Group by 3.7% for the duration of the 1st quarter. Vanguard Group Inc. now owns 2,834,615 shares of the company’s stock well worth $6,151,000 after obtaining an further 100,122 shares for the duration of the time period. Virtu Fiscal LLC bought a new position in shares of KULR Know-how Team all through the 4th quarter value $216,000. Ultimately, Marshall Wace LLP bought a new placement in shares of KULR Technology Team in the course of the 4th quarter really worth $207,000. 4.97% of the stock is owned by hedge funds and other institutional investors.

About KULR Technologies Team (Get Score)

KULR Technological innovation Team, Inc, by its subsidiary, KULR Technologies Company, develops and commercializes thermal administration technologies for batteries, electronics, and other parts programs in the United States. It gives lithium-ion battery thermal runaway shields fiber thermal interface elements phase change product heatsinks interior brief circuit gadget KULR battery mobile screening and screening automation system and tech secure scenario cellcheck and CRUX cathodes.

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