Kraken Robotics (CVE:PNG) Hits New 52-Week High at $1.84

Kraken Robotics Inc. (CVE:PNG) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$1.84 and last traded at C$1.82, with a volume of 4179990 shares. The stock had previously closed at C$1.78.

Kraken Robotics Stock Up 0.6 %

The company has a debt-to-equity ratio of 37.39, a current ratio of 2.71 and a quick ratio of 0.64. The company has a market capitalization of C$411.93 million, a P/E ratio of 35.80 and a beta of 1.13. The company has a 50 day moving average of C$1.47 and a 200-day moving average of C$1.19.

Kraken Robotics (CVE:PNG) last posted its quarterly earnings data on Thursday, August 22nd. The company reported C$0.01 earnings per share for the quarter. The business had revenue of C$22.76 million for the quarter, compared to analysts’ expectations of C$24.60 million. Kraken Robotics had a return on equity of 23.24% and a net margin of 10.51%. As a group, equities analysts anticipate that Kraken Robotics Inc. will post 0.0750751 EPS for the current year.

Insider Buying and Selling at Kraken Robotics

In other Kraken Robotics news, Senior Officer David Shea sold 142,500 shares of Kraken Robotics stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of C$1.57, for a total transaction of C$223,782.00. Insiders own 10.13% of the company’s stock.

Kraken Robotics Company Profile

Kraken Robotics Inc, a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally.