David Shea Sells 28,000 Shares of Kraken Robotics Inc. (CVE:PNG) Stock

Kraken Robotics Inc. (CVE:PNG - Get Free Report) 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 transaction 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 transaction of C$223,782.00.

Kraken Robotics Stock Performance

CVE:PNG traded up C$0.02 on Friday, reaching C$1.70. 112,999 shares of the company's stock were exchanged, compared to its average volume of 635,010. The company has a debt-to-equity ratio of 37.39, a current ratio of 2.71 and a quick ratio of 0.64. The firm has a market cap of C$391.22 million, a price-to-earnings ratio of 34.00 and a beta of 1.15. Kraken Robotics Inc. has a 52 week low of C$0.45 and a 52 week high of C$1.84. The stock has a fifty day simple moving average of C$1.61 and a 200-day simple moving average of C$1.25.

Kraken Robotics (CVE:PNG - Get Free Report) last issued its earnings results on Thursday, August 22nd. The company reported C$0.01 earnings per share for the quarter. Kraken Robotics had a net margin of 10.51% and a return on equity of 23.24%. The firm had revenue of C$22.76 million during the quarter, compared to analyst estimates of C$24.60 million. As a group, sell-side analysts predict that Kraken Robotics Inc. will post 0.0749482 earnings per share for the current 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.