In a filing, KULR Technology Group Inc revealed its 10% Owner Knowles Timothy Ray unloaded Company’s shares for reported $0.1 million on Mar 25 ’24. In the deal valued at $0.29 per share,361,338 shares were sold. As a result of this transaction, Knowles Timothy Ray now holds 14,268,027 shares worth roughly $6.42 million.
Then, Knowles Timothy Ray sold 460,037 shares, generating $101,208 in total proceeds. Upon selling the shares at $0.22, the 10% Owner now owns 14,629,365 shares.
Before that, Knowles Timothy Ray sold 510,598 shares. KULR Technology Group Inc shares valued at $117,438 were divested by the 10% Owner at a price of $0.23 per share. As a result of the transaction, Knowles Timothy Ray now holds 15,089,402 shares, worth roughly $6.79 million.
Alliance Global Partners initiated its KULR Technology Group Inc [KULR] rating to a Buy in a research note published on October 18, 2021; the price target was $3.50.
Price Performance Review of KULR
On Monday, KULR Technology Group Inc [AMEX:KULR] saw its stock fall -0.18% to $0.45. Over the last five days, the stock has lost -23.33%. KULR Technology Group Inc shares have risen nearly 141.30% since the year began. Nevertheless, the stocks have fallen -35.87% over the past one year. While a 52-week high of $1.10 was reached on 04/11/24, a 52-week low of $0.10 was recorded on 02/09/24. SMA at 50 days reached $0.3170, while 200 days put it at $0.4172. A total of 4.28 million shares were traded, compared to the trading of 7.5 million shares in the previous session.
Levels Of Support And Resistance For KULR Stock
The 24-hour chart illustrates a support level at 0.4227, which if violated will result in even more drops to 0.3990. On the upside, there is a resistance level at 0.4784. A further resistance level may holdings at 0.5104. The Relative Strength Index (RSI) on the 14-day chart is 47.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1890, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.40%. Stochastics %K at 12.90% indicates the stock is a buying.
