Insider Selling: Kraken Robotics Inc. (CVE:PNG) Senior Officer Sells 28,000 Shares of Stock

Kraken Robotics Inc. (CVE:PNG - Get Free Report) Senior Officer David Shea sold 28,000 shares of Kraken Robotics stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of C$0.53, for a total transaction of C$14,840.00.

David Shea also recently made the following trade(s):

  • On Friday, August 30th, David Shea sold 142,500 shares of Kraken Robotics stock. The stock was sold at an average price of C$1.57, for a total value of C$223,782.00.

Kraken Robotics Stock Up 1.2 %

Shares of Kraken Robotics stock opened at C$1.70 on Friday. Kraken Robotics Inc. has a 12-month low of C$0.45 and a 12-month high of C$1.84. The firm has a market capitalization of C$391.22 million, a PE ratio of 34.00 and a beta of 1.15. The company has a quick ratio of 0.64, a current ratio of 2.71 and a debt-to-equity ratio of 37.39. The stock's fifty day moving average is C$1.61 and its 200-day moving average is C$1.25.

Kraken Robotics (CVE:PNG - Get Free Report) last issued its quarterly earnings results on Thursday, August 22nd. The company reported C$0.01 earnings per share for the quarter. Kraken Robotics had a return on equity of 23.24% and a net margin of 10.51%. The firm had revenue of C$22.76 million for the quarter, compared to analysts' expectations of C$24.60 million. Equities analysts anticipate that Kraken Robotics Inc. will post 0.0749482 earnings per share for the current year.

Kraken Robotics Company Profile

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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.

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