Kraken Robotics (CVE:PNG) Trading 1.5% Higher

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Shares of Kraken Robotics Inc (CVE:PNG) traded up 1.5% on Monday . The company traded as high as C$0.67 and last traded at C$0.67, 7,348 shares changed hands during trading. A decline of 97% from the average session volume of 224,335 shares. The stock had previously closed at C$0.66.

Separately, Clarus Securities reaffirmed a “buy” rating on shares of Kraken Robotics in a research report on Thursday, October 3rd.

The company has a debt-to-equity ratio of 19.17, a quick ratio of 1.57 and a current ratio of 2.62. The stock has a market capitalization of $96.37 million and a PE ratio of -26.80. The stock has a 50-day moving average price of C$0.68 and a two-hundred day moving average price of C$0.62.

Kraken Robotics Company Profile (CVE:PNG)

Kraken Robotics Inc, a marine technology company, designs, develops, and markets underwater sonars and acoustic velocity sensors for unmanned underwater vehicles used in military and commercial applications in Canada, the United States, France, Israel, and internationally. The company offers AquaPix, an interferometric synthetic aperture sonar for use in onboard autonomous underwater vehicles, remotely operated tow vehicles, remotely operated vehicles, and tow bodies; real time synthetic aperture sonar (SAS) image processors; Aquatrak, a speed sensor; and SeaVision, a 3D laser system for underwater vehicles.

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