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CVE:PNG

Kraken Robotics (PNG) Stock Price, News & Analysis

Kraken Robotics logo
C$2.06
+0.09 (+4.57%)
(As of 10/29/2024 05:28 PM ET)

About Kraken Robotics Stock (CVE:PNG)

Key Stats

Today's Range
C$1.94
C$2.09
50-Day Range
C$1.43
C$2.06
52-Week Range
C$0.45
C$2.09
Volume
2.12 million shs
Average Volume
655,299 shs
Market Capitalization
C$474.07 million
P/E Ratio
41.20
Dividend Yield
N/A
Price Target
C$1.28
Consensus Rating
Buy

Company Overview

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. It operates in two segments, Products, and Services. The company offers AquaPix miniature interferometric synthetic aperture sonar (MINSAS), a configurable MINSAS; and SeaPower, a pressure tolerant deep sea batteries. It also provides Kraken Active Towed Fish (KATFISH), a towed underwater vehicle for high speed and high resolution seabed mapping; LARS, an autonomous launch and recovery system that enable an unmanned vehicle and its payloads to be brought aboard to a host ship; Acoustic Core that provides a 3D image of stratigraphy layers and anomalies across the entire foundation footprint; and Sub-Bottom Imager used to view image beneath the seabed. In addition, the company designs and manufactures pressure tolerant batteries, battery management systems, and electronics; and robotics as a service. The company was formerly known as Kraken Sonar Inc. and changed its name to Kraken Robotics Inc. in September 2017. Kraken Robotics Inc. is headquartered in Mount Pearl, Canada.

Kraken Robotics Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
19th Percentile Overall Score

PNG MarketRank™: 

Kraken Robotics scored higher than 19% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Kraken Robotics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Kraken Robotics has received no research coverage in the past 90 days.

  • Read more about Kraken Robotics' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Kraken Robotics is 41.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.83.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Kraken Robotics is 41.20, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 260.65.

  • Price to Book Value per Share Ratio

    Kraken Robotics has a P/B Ratio of 8.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Kraken Robotics' valuation and earnings.
  • Short Interest

    There is no current short interest data available for PNG.
  • Dividend Yield

    Kraken Robotics does not currently pay a dividend.

  • Dividend Growth

    Kraken Robotics does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for PNG.
  • News Sentiment

    Kraken Robotics has a news sentiment score of -0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Kraken Robotics this week, compared to 1 article on an average week.
  • Search Interest

    2 people have searched for PNG on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Kraken Robotics to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Kraken Robotics insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$223,782.00 in company stock.

  • Percentage Held by Insiders

    10.13% of the stock of Kraken Robotics is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 10.39% of the stock of Kraken Robotics is held by institutions.

  • Read more about Kraken Robotics' insider trading history.
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PNG Stock News Headlines

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PNG Stock Analysis - Frequently Asked Questions

Kraken Robotics' stock was trading at C$0.65 at the start of the year. Since then, PNG stock has increased by 216.9% and is now trading at C$2.06.
View the best growth stocks for 2024 here
.

Kraken Robotics Inc. (CVE:PNG) issued its earnings results on Thursday, August, 22nd. The company reported $0.01 EPS for the quarter. The business had revenue of $22.76 million for the quarter, compared to analyst estimates of $24.60 million. Kraken Robotics had a net margin of 10.51% and a trailing twelve-month return on equity of 23.24%.

Shares of PNG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Kraken Robotics investors own include Drone Delivery Canada (FLT), WELL Health Technologies (WELL), BCE (BCE), Converge Technology Solutions (CTS), Facedrive (FDVRF), Quisitive Technology Solutions (QUISF) and C-Com Satellite Systems (CMI).

Company Calendar

Last Earnings
8/22/2024
Today
10/29/2024
Next Earnings (Estimated)
11/25/2024

Industry, Sector and Symbol

Industry
Scientific & Technical Instruments
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
262
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$1.28
High Stock Price Target
C$1.60
Low Stock Price Target
C$1.00
Potential Upside/Downside
-37.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
C$9.67 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$91.98 million
Cash Flow
C$0.09 per share
Book Value
C$0.25 per share

Miscellaneous

Free Float
N/A
Market Cap
C$474.07 million
Optionable
Not Optionable
Beta
1.15
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This page (CVE:PNG) was last updated on 10/30/2024 by MarketBeat.com Staff
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