Kraken Robotics Inc. (CVE:PNG) Senior Officer David Shea Purchases 11,954 Shares

Kraken Robotics Inc. (CVE:PNG - Get Free Report) Senior Officer David Shea acquired 11,954 shares of the company's stock in a transaction dated Friday, January 10th. The shares were bought at an average cost of C$2.64 per share, with a total value of C$31,558.56.

Kraken Robotics Price Performance

PNG stock remained flat at C$2.75 during trading on Thursday. The company's stock had a trading volume of 1,762,334 shares, compared to its average volume of 1,231,124. The firm's 50-day simple moving average is C$2.50 and its 200 day simple moving average is C$1.85. The firm has a market cap of C$632.86 million, a price-to-earnings ratio of 55.00 and a beta of 1.15. 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 1 year low of C$0.71 and a 1 year high of C$2.87.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lifted their price target on shares of Kraken Robotics from C$2.00 to C$2.50 in a report on Friday, November 22nd.

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.