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The Benchmark Company upgrades KULR Technology Group Inc (KULR) stock to a Buy

KULR Technology Group Inc’s recent filing unveils that its President and COO Cochran Terry Keith unloaded Company’s shares for reported $47197.0 on Jun 04 ’24. In the deal valued at $0.31 per share,150,167 shares were sold. As a result of this transaction, Cochran Terry Keith now holds 349,833 shares worth roughly $0.77 million.

Then, Cochran Terry Keith sold 119,754 shares, generating $37,124 in total proceeds. Upon selling the shares at $0.31, the President and COO now owns 230,079 shares.

Before that, Cochran Terry Keith sold 108,079 shares. KULR Technology Group Inc shares valued at $31,440 were divested by the President and COO at a price of $0.29 per share. As a result of the transaction, Cochran Terry Keith now holds 0 shares, worth roughly $0.0.

The Benchmark Company upgraded its KULR Technology Group Inc [KULR] rating to a Buy from a a Speculative buy in a research note published on December 19, 2024; the price target was increased to $5 from $1. A number of analysts have revised their coverage, including Alliance Global Partners’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating.

Price Performance Review of KULR

On Monday, KULR Technology Group Inc [AMEX:KULR] saw its stock fall -10.57% to $2.20. Over the last five days, the stock has lost -3.51%. KULR Technology Group Inc shares have fallen nearly -38.03% since the year began. Nevertheless, the stocks have risen 1058.50% over the past one year. While a 52-week high of $5.49 was reached on 01/06/25, a 52-week low of $0.10 was recorded on 01/13/25. SMA at 50 days reached $1.90, while 200 days put it at $0.73.

Levels Of Support And Resistance For KULR Stock

The 24-hour chart illustrates a support level at 2.10, which if violated will result in even more drops to 1.99. On the upside, there is a resistance level at 2.36. A further resistance level may holdings at 2.52. The Relative Strength Index (RSI) on the 14-day chart is 46.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.03%. Stochastics %K at 25.65% indicates the stock is a holding.

How much short interest is there in KULR Technology Group Inc?

A steep rise in short interest was recorded in KULR Technology Group Inc stocks on 2024-10-31, dropping by -0.37 million shares to a total of 7.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 7.65 million shares. There was a decline of -5.12%, which implies that there is a negative sentiment for the stock.

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