KULR Technology Group, Inc. (AMEX:KULR) is a prominent player in sustainable energy management. The company is set to undergo a reverse stock split on June 23, 2025. This move will consolidate every 8 shares into 1, aiming to enhance its market positioning. The reverse stock split is a strategic decision to potentially improve the stock’s appeal to investors.
Currently, KULR’s stock is priced at $0.96. It has recently experienced a decrease of 15.77%, with a change of -$0.18. The stock’s daily trading range has seen a low of $0.78 and a high of $0.99. Over the past year, KULR’s stock has fluctuated significantly, reaching a high of $5.49 and a low of $0.20.
KULR’s market capitalization is approximately $299.09 million, reflecting the total market value of its outstanding shares. The trading volume for KULR is 47.35 million shares, indicating the number of shares traded over a specific period. This volume can provide insights into the stock’s liquidity and investor interest.
The reverse stock split is part of KULR’s broader strategy to strengthen its market position. By consolidating shares, the company aims to potentially increase the stock price, making it more attractive to institutional investors. This move could also help KULR maintain compliance with exchange listing requirements.