Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. KULR Technology Group Inc shares valued at $47,197 were sold by Cochran Terry Keith on Jun 04 ’24. At $0.31 per share, Cochran Terry Keith sold 150,167 shares. The insider’s holdings dropped to 349,833 shares worth approximately $0.85 million following the completion of this transaction.
Also, Cochran Terry Keith sold 119,754 shares, netting a total of over 37,124 in proceeds. Following the sale of shares at $0.31 each, the insider now holds 230,079 shares.
Before that, Cochran Terry Keith had sold 108,079 shares from its account. In a trade valued at $31,440, the President and COO traded KULR Technology Group Inc shares for $0.29 each. Upon closing the transaction, the insider’s holdings decreased to 108,079 shares, worth approximately $0.0.
As published in a research note from The Benchmark Company on December 19, 2024, KULR Technology Group Inc [KULR] has been rated up from a Speculative buy to a Buy and the price target has been revised to $5 from $1. Analysts at Alliance Global Partners started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October.
Analyzing KULR Stock Performance
During the last five days, there has been a surge of approximately 6.09%. Over the course of the year, KULR Technology Group Inc shares have dropped approximately -31.27%. Shares of the company reached a 52-week high of $3.98 on 01/06/25 and a 52-week low of $1.81 on 01/13/25. A 50-day SMA is recorded $1.82, while a 200-day SMA reached $0.71. Nevertheless, trading volume fell to 11.27 million shares from 24.8 million shares the previous day.
Support And Resistance Levels for KULR Technology Group Inc (KULR)
According to the 24-hour chart, there is a support level at 2.37, which, if violated, would cause prices to drop to 2.29. In the upper region, resistance lies at 2.53. The next price resistance is at 2.61. RSI (Relative Strength Index) is 49.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.20, which suggests the price will decrease in the coming days. Percent R is at 70.97%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
