Kraken Robotics Inc. (CVE:PNG) Senior Officer Sells C$14,840.00 in Stock

Kraken Robotics Inc. (CVE:PNG) Senior Officer David Shea sold 28,000 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of C$0.53, for a total value 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 shares were sold at an average price of C$1.57, for a total value of C$223,782.00.

Kraken Robotics Stock Performance

PNG traded up C$0.01 during midday trading on Friday, reaching C$1.69. The company’s stock had a trading volume of 92,590 shares, compared to its average volume of 634,909. The stock has a market cap of C$387.77 million, a P/E ratio of 33.60 and a beta of 1.15. The company has a fifty day simple moving average of C$1.60 and a 200 day simple moving average of C$1.25. 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 twelve month low of C$0.45 and a twelve month high of C$1.84.

Kraken Robotics (CVE:PNG) last released its earnings results on Thursday, August 22nd. The company reported C$0.01 earnings per share (EPS) for the quarter. The firm had revenue of C$22.76 million for the quarter, compared to analyst estimates of C$24.60 million. Kraken Robotics had a return on equity of 23.24% and a net margin of 10.51%. Research analysts expect that Kraken Robotics Inc. will post 0.0749482 earnings per share for the current year.

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.