Should I buy KULR
11/27/2024 12:23am
**KULR Technology Group Inc. (KULR) appears to be a promising investment opportunity**, and here's why:
1. **Fundamental Analysis**:
- KULR's financials show a net income of -$2 million and a diluted EPS of -$0.01 for the latest quarter, which indicates a loss. However, the company has a positive revenue growth rate of 4.76% and a net income growth rate of 63.98%. This suggests that the company is growing its top line and is potentially improving its profitability.
- The company's P/E ratio is 17.45, P/S ratio is 31.82, and P/B ratio is 0.77. These ratios, especially the low P/B ratio, indicate that the stock may be undervalued compared to its book value.
|Ticker|Name|Date|P/E(TTM)|code|market_code|
|---|---|---|---|---|---|
|KULR.A|KULR Technology|20240102|-1.028545|KULR|170|
|KULR.A|KULR Technology|20240103|-0.988985|KULR|170|
|KULR.A|KULR Technology|20240104|-1.034196|KULR|170|
|KULR.A|KULR Technology|20240105|-1.090709|KULR|170|
|KULR.A|KULR Technology|20240108|-1.130269|KULR|170|
|KULR.A|KULR Technology|20240109|-1.05115|KULR|170|
|KULR.A|KULR Technology|20240110|-1.005939|KULR|170|
|KULR.A|KULR Technology|20240111|-1.034196|KULR|170|
|KULR.A|KULR Technology|20240112|-1.034196|KULR|170|
|KULR.A|KULR Technology|20240116|-1.079407|KULR|170|
|Ticker|Name|Date|Price to Book Ratio|code|market_code|
|---|---|---|---|---|---|
|KULR.A|KULR Technology|20240102|20.075464740053924|KULR|170|
|KULR.A|KULR Technology|20240104|20.185769491372902|KULR|170|
|KULR.A|KULR Technology|20240105|21.28881700456268|KULR|170|
|KULR.A|KULR Technology|20240108|22.060950263795522|KULR|170|
|KULR.A|KULR Technology|20240109|20.516683745329836|KULR|170|
|KULR.A|KULR Technology|20240110|19.634245734778016|KULR|170|
|KULR.A|KULR Technology|20240111|20.185769491372902|KULR|170|
|KULR.A|KULR Technology|20240112|20.185769491372902|KULR|170|
|KULR.A|KULR Technology|20240116|21.068207501924725|KULR|170|
|KULR.A|KULR Technology|20240117|20.185769491372902|KULR|170|
|Ticker|Name|Date|P/S|code|market_code|
|---|---|---|---|---|---|
|KULR.A|KULR Technology|20240102|2.410585467793176|KULR|170|
|KULR.A|KULR Technology|20240103|2.3178706421088227|KULR|170|
|KULR.A|KULR Technology|20240104|2.4238304428909405|KULR|170|
|KULR.A|KULR Technology|20240105|2.5562801938685875|KULR|170|
|KULR.A|KULR Technology|20240108|2.6489950195529404|KULR|170|
|KULR.A|KULR Technology|20240109|2.4635653681842347|KULR|170|
|KULR.A|KULR Technology|20240110|2.357605567402117|KULR|170|
|KULR.A|KULR Technology|20240111|2.4238304428909405|KULR|170|
|KULR.A|KULR Technology|20240112|2.4238304428909405|KULR|170|
|KULR.A|KULR Technology|20240116|2.5297902436730584|KULR|170|
|Ticker|Name|Date|Net Income YoY|Net Income|code|market_code|
|---|---|---|---|---|---|---|
|KULR.A|KULR Technology|2023 Q4|-16.479749269622626|-5193429|KULR|170|
|KULR.A|KULR Technology|2024 Q1|24.140823197701724|-5008876|KULR|170|
|KULR.A|KULR Technology|2024 Q2|7.016015174131238|-5890528|KULR|170|
|KULR.A|KULR Technology|2024 Q3|63.97581277010086|-2003764|KULR|170|
|Ticker|Name|Date|Total Revenue YoY|Total Revenue|code|market_code|
|---|---|---|---|---|---|---|
|KULR.A|KULR Technology|2023 Q4|28.700002867535307|2333851|KULR|170|
|KULR.A|KULR Technology|2024 Q1|-0.6079092988870338|1749104|KULR|170|
|KULR.A|KULR Technology|2024 Q2|-9.77556718478831|2432005|KULR|170|
|KULR.A|KULR Technology|2024 Q3|4.76062698967809|3185778|KULR|170|
|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|code|market_code|
|---|---|---|---|---|---|---|
|KULR.A|KULR Technology|2024 Q1|33.33333333333333|-0.04|KULR|170|
|KULR.A|KULR Technology|2024 Q2|40.00000000000001|-0.03|KULR|170|
|KULR.A|KULR Technology|2024 Q3|80|-0.01|KULR|170|
2. **Technical Analysis**:
- The stock's technical indicators show a MACD of 0.08, a KDJ of 81.63, and an RSI of 84.37. These indicators suggest that the stock may be overbought, but they also indicate strong buying momentum.
- The stock is currently trading below its 5-day, 10-day, and 20-day moving averages, which could be seen as a bearish signal, but it's also a sign that the stock price is trending downwards and may continue to do so.
|Ticker|Name|Date|Moving Average|code|market_code|
|---|---|---|---|---|---|
|KULR.A|KULR Technology|20241126|0.5616|KULR|170|
|Ticker|Name|Date|Boll|RSI|KDJ|MACD|code|market_code|
|---|---|---|---|---|---|---|---|---|
|KULR.A|KULR Technology|20241126|0.4030|84.3654|81.6282|0.0777|KULR|170|
3. **Market Sentiment and Recent Performance**:
- Despite a recent decline of 2.73%, the stock has reached a 52-week high of $0.9, indicating strong market confidence.
- The company has reported record revenue of $3.19 million in Q3 2024, with an 83% increase in total paying customers and a 22% increase in engineering service revenue.
4. **Strategic Positioning**:
- KULR is developing proprietary carbon fiber designed custom cathodes for small modular reactors (SMRs), which is a significant technological advancement and positions the company well for the growing nuclear energy sector.
- The company is also diversifying its customer base and exploring new markets, which could mitigate risks associated with customer concentration.
In conclusion, while KULR presents some risks due to its current loss status and overbought technical indicators, the company's strong revenue growth, strategic positioning, and market confidence suggest that it could be a worthwhile investment for those with a medium to long-term perspective. It's important to align this decision with your investment strategy, risk tolerance, and thorough due diligence.