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KULR TECHNOLOGY GROUP, INC.

(KULR)
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KULR Provides Update on its Safe Battery Transportation Partnership with Heritage Battery Recycling

10/06/2021 | 04:15pm EST

KULR Technology Group, Inc. alongside its recently announced partner Heritage Battery Recycling (“HBR”), expanded its safe battery transportation market share as a result of HBR’s merger with Retriev Technologies (“Retriev”). HBR’s combination with Retriev will create the larger lithium-ion battery recycler in North America. The combined entity will operate under the Retriev Technologies name as it leverages its extensive reach into the original equipment manufacturer (“OEM”) recycling market Retriev serves. In addition to the existing partnership’s customer programs in the e-bike and scooter markets, KULR will also provide safe transportation logistics to Retriev’s battery collection operations across North America. Retriev will serve the entire battery lifecycle - from pickup and transportation to critical material recovery and reuse. Retriev, through the HBR network, will maintain access to over 100,000 customer locations, 2,500 employees, and a fleet of over 1,300 vehicles and 108 facility locations across North America.


© S&P Capital IQ 2021
All news about KULR TECHNOLOGY GROUP, INC.
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Analyst Recommendations on KULR TECHNOLOGY GROUP, INC.
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Financials (USD)
Sales 2021 2,33 M - -
Net income 2021 -10,6 M - -
Net Debt 2021 - - -
P/E ratio 2021 -26,4x
Yield 2021 -
Capitalization 350 M 350 M -
Capi. / Sales 2021 150x
Capi. / Sales 2022 44,0x
Nbr of Employees 9
Free-Float 63,8%
Chart KULR TECHNOLOGY GROUP, INC.
Duration : Period :
KULR Technology Group, Inc. Technical Analysis Chart | KULR | US50125G1094 | MarketScreener
Technical analysis trends KULR TECHNOLOGY GROUP, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 3,34 $
Average target price 5,33 $
Spread / Average Target 59,7%
EPS Revisions
Managers and Directors
Michael Mo Chairman & Chief Executive Officer
Keith Cochran President & Chief Operating Officer
Simon P. Westbrook Chief Financial Officer
Timothy R. Knowles Secretary, Director & Chief Technical Officer
Joanna D. Massey Independent Director
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