KULR Technology Group, Inc. (OTCMKTS: KULR) Earnings forecast for the second quarter of 2023 Earnings of ($ 0.01) per share

KULR Technology Group, Inc. (OTCMKTS: KULR – Get rating) – Analysts at Taglich Brothers published their estimates for earnings per share for the second quarter of 2023 for KULR Technology Group in a research note published on Wednesday, June 22nd. Taglich Brothers analyst J. Nobile expects the company to earn ($ 0.01) per share for the quarter. The consensus estimate for KULR Technology Group’s current earnings for the full year is ($ 0.15) per share. Taglich Brothers also published KULR Technology Group earnings forecasts for the third quarter of 2023 at $ 0.01 EPS, for the fourth quarter of 2023 of $ 0.03 EPS and a profit for 2023 of $ 0.01 EPS.

Shares of OTCMKTS: KULR opened at $ 1.56 on Friday. The 50-day simple moving average of the stock is $ 1.57, and its ordinary moving average for two hundred days 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, reaching a 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 has a negative return on equity of 104.86% and a negative net margin of 651.30%.

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

In related news, Chief Operating Officer Terry Keith Cochran sold 90,200 shares of KULR Technology Group in a deal on Thursday, March 31st. The shares were 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 worth approximately $ 616,215.04. The sale was revealed in documentation at the Securities and Exchange Commission, which can be accessed through the SEC website.

Company profile of KULR Technology Group (Get a rating)

KULR Technology Group, Inc., through its subsidiary, KULR Technology Corporation, develops and commercializes heat management technologies for batteries, electronics and other component applications in the United States. Offers lithium-ion batteries with thermal escape shields; fibrous thermal interface materials; material radiators with phase change; internal short circuit device; KULR battery cell screening and testing automation system and technology safe case; cell inspection; and CRUX cathodes.

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Profit history and ratings for KULR Technology Group (OTCMKTS: KULR)

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