Kraken Robotics Inc. (CVE:PNG) Senior Officer Sells C$223,782.00 in Stock

Kraken Robotics Inc. (CVE:PNG) Senior Officer David Shea sold 142,500 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of C$1.57, for a total value of C$223,782.00.

Kraken Robotics Trading Up 4.9 %

Shares of PNG stock opened at C$1.51 on Friday. The stock has a 50 day simple moving average of C$1.28 and a 200 day simple moving average of C$1.11. The company has a current ratio of 2.71, a quick ratio of 0.64 and a debt-to-equity ratio of 37.39. Kraken Robotics Inc. has a 1 year low of C$0.39 and a 1 year high of C$1.67. The stock has a market cap of C$347.50 million, a P/E ratio of 30.20 and a beta of 1.13.

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. Kraken Robotics had a return on equity of 23.24% and a net margin of 10.51%. The business had revenue of C$22.76 million during the quarter, compared to the consensus estimate of C$24.60 million. On average, research analysts predict that Kraken Robotics Inc. will post 0.052844 earnings per share for the current fiscal year.

About Kraken Robotics

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.