KULR Technology Group Target of Unusually High Options Trading (NYSEAMERICAN:KULR)

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) was the target of unusually large options trading on Wednesday. Traders acquired 40,907 call options on the stock. This represents an increase of 222% compared to the average daily volume of 12,692 call options.

KULR Technology Group Stock Down 14.4 %

KULR opened at $3.04 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.81 and a quick ratio of 0.71. The firm has a market cap of $727.41 million, a P/E ratio of -25.33 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 $5.49.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC increased its position in 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 worth $443,000 after purchasing an additional 479,026 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of KULR Technology Group in the 3rd quarter worth $29,000. Finally, XTX Topco Ltd bought a new stake in shares of KULR Technology Group in the 2nd quarter worth about $31,000. Hedge funds and other institutional investors own 21.23% of the company’s stock.

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.