Kraken Robotics Inc. (CVE:PNG – Get Free Report) Senior Officer Gregory Michael Reid acquired 16,260 shares of the business’s stock in a transaction that occurred on Wednesday, January 8th. The stock was purchased at an average price of C$2.46 per share, for a total transaction of C$39,999.60.
Kraken Robotics Price Performance
Kraken Robotics stock opened at C$2.66 on Friday. The company has a quick ratio of 0.64, a current ratio of 2.71 and a debt-to-equity ratio of 37.39. Kraken Robotics Inc. has a 52-week low of C$0.67 and a 52-week high of C$2.85. The firm has a market cap of C$612.15 million, a PE ratio of 53.20 and a beta of 1.15. The company’s 50 day moving average is C$2.45 and its two-hundred day moving average is C$1.81.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group lifted their target price on Kraken Robotics from C$2.00 to C$2.50 in a research report on Friday, November 22nd.
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.
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