Kraken Robotics Inc. (CVE:PNG – Get Free Report) Senior Officer David Shea bought 11,954 shares of Kraken Robotics stock in a transaction dated Friday, January 10th. The shares were acquired at an average cost of C$2.64 per share, for a total transaction of C$31,558.56.
Kraken Robotics Stock Performance
Shares of PNG stock opened at C$2.75 on Friday. The company has a current ratio of 2.71, a quick ratio of 0.64 and a debt-to-equity ratio of 37.39. The company’s fifty day moving average price is C$2.50 and its 200-day moving average price is C$1.85. The stock has a market cap of C$632.86 million, a PE ratio of 55.00 and a beta of 1.15. Kraken Robotics Inc. has a 12 month low of C$0.71 and a 12 month high of C$2.87.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group raised their target price on shares of 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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