Guardian Partners Inc. Invests $71,000 in KULR Technology Group, Inc. (NYSEAMERICAN:KULR)

Guardian Partners Inc. acquired a new position in KULR Technology Group, Inc. (NYSEAMERICAN:KULR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,000 shares of the company’s stock, valued at approximately $71,000.

A number of other large investors have also added to or reduced their stakes in KULR. Maiden Cove Capital LLC acquired a new position in KULR Technology Group during the 4th quarter worth $71,000. Commonwealth Equity Services LLC bought a new stake in KULR Technology Group in the 4th quarter valued at about $285,000. Banco Santander S.A. bought a new stake in KULR Technology Group in the 4th quarter valued at about $89,000. Raymond James Financial Inc. bought a new stake in KULR Technology Group in the 4th quarter valued at about $120,000. Finally, Victory Capital Management Inc. bought a new stake in KULR Technology Group in the 4th quarter valued at about $87,000. 21.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Benchmark reiterated a “buy” rating and issued a $5.00 price objective on shares of KULR Technology Group in a research report on Tuesday, March 18th.

KULR Technology Group Trading Down 3.2 %

KULR stock opened at $1.52 on Monday. KULR Technology Group, Inc. has a 52 week low of $0.20 and a 52 week high of $5.49. The company has a market cap of $415.80 million, a P/E ratio of -12.67 and a beta of 2.34. The stock’s 50-day moving average is $2.06. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.81 and a quick ratio of 0.71.

KULR Technology Group Company Profile

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.