Investors Purchase High Volume of Call Options on KULR Technology Group (NYSEAMERICAN:KULR)

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) was the recipient of some unusual options trading on Tuesday. Investors purchased 10,672 call options on the company. This is an increase of 82% compared to the average volume of 5,853 call options.

KULR Technology Group Trading Up 44.4 %

Shares of KULR stock opened at $2.08 on Thursday. The company has a market capitalization of $497.70 million, a price-to-earnings ratio of -17.33 and a beta of 3.17. KULR Technology Group has a fifty-two week low of $0.10 and a fifty-two week high of $2.64. 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 Trading of KULR Technology Group

A number of institutional investors have recently modified their holdings of KULR. Virtu Financial LLC purchased a new stake in KULR Technology Group in the third quarter worth $29,000. XTX Topco Ltd purchased a new stake in shares of KULR Technology Group in the 2nd quarter worth about $31,000. Finally, Geode Capital Management LLC boosted its stake 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 purchasing an additional 479,026 shares in the last quarter. 21.23% of the stock is currently owned by hedge funds and other institutional investors.

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.