Tech Funds Are Hemorrhaging Cash: Sell This Stock Now

U.S. technology funds are HEMORRHAGING cash. It's the biggest selloff since the 2022 bear market. A 50-year Wall Street veteran just explained everything you need to know. For now, he's pounding the table on the No. 1 tech stock to BUY before 2024 comes to an end... And the No. 1 tech stock Wall Street says to sell NOW.

KULR
KULR Technology Group Inc
AMEX
2.95
Open 2.30 Prev Close 2.24
High 2.95 Low 2.15
Volume 80,005,262 Volume (Avg) 25,059
52 Week High 3.07 52 Week Low 0.10
Market Cap 832.3M PE Ratio

Shares Stats

Shares Outstanding201,180,000
Shares Float198,570,000
Shares Short15,510,000
Insider Holdings1747%
Institution Holdings4.98%

About KULR Technology Group Inc

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. The company's technologies are used in electric vehicles, energy storage, battery recycling transportation, cloud computing, and 5G communication devices. It sells its products for applications, such as lithium-ion battery energy storage, electric vehicles, 5G communication, cloud computer infrastructure, consumer, and industrial devices. The company was formerly known as KT High-Tech Marketing Inc. and changed its name to KULR Technology Group, Inc. in August 2018. KULR Technology Group, Inc. was founded in 2013 and is based in San Diego, California.

General

NameKULR Technology Group Inc
TickerKULR
ExchangeAMEX
SectorTechnology
IndustryElectronic Components
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees57

Highlights

Analyst Target4.22
Market Cap832,300,000
EBITDA-17,484,256

Financials

Curr Year EPS Estimate-0.09
Next Quarter EPS Estimate-0.02
Profit Margin-186.55%
Operating Margin-171.83
Return on Assets-0.94
Return on Equity-5.93
Revenue9.7M
Earnings Per Share-0.11
Revenue Per Share0.07
Gross Profit2,364,107
Quarterly Revenue Growth-0.10

Valuation

Forward PE128.21
Price/Sales (Trailing 12 Mt.)73.87
Price/Book (Most Recent Quarter)136.43

Earnings

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