David Shea Buys 11,954 Shares of Kraken Robotics Inc. (CVE:PNG) Stock

Kraken Robotics Inc. (CVE:PNGGet Free Report) Senior Officer David Shea bought 11,954 shares of Kraken Robotics stock in a transaction that occurred on Friday, January 10th. The shares were acquired at an average cost of C$2.64 per share, for a total transaction of C$31,558.56.

Kraken Robotics Price Performance

Shares of Kraken Robotics stock opened at C$2.75 on Friday. The company has a debt-to-equity ratio of 37.39, a current ratio of 2.71 and a quick ratio of 0.64. Kraken Robotics Inc. has a one year low of C$0.71 and a one year high of C$2.87. The stock has a market capitalization of C$632.86 million, a P/E ratio of 55.00 and a beta of 1.15. The business’s 50 day simple moving average is C$2.50 and its two-hundred day simple moving average is C$1.85.

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised their price objective on Kraken Robotics from C$2.00 to C$2.50 in a research note on Friday, November 22nd.

Check Out Our Latest Analysis on Kraken Robotics

About Kraken Robotics

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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.

Further Reading

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