Raymond James upgraded shares of Kraken Robotics (CVE:PNG – Free Report) to a moderate buy rating in a research report sent to investors on Thursday morning,Zacks.com reports.
Separately, Canaccord Genuity Group boosted their price target on Kraken Robotics from C$2.00 to C$2.50 in a research note on Friday, November 22nd.
Get Our Latest Analysis on PNG
Kraken Robotics Stock Performance
Insider Buying and Selling
In other Kraken Robotics news, Senior Officer David Shea bought 11,954 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were acquired at an average price of C$2.64 per share, with a total value of C$31,558.56. Also, Senior Officer Gregory Michael Reid purchased 16,260 shares of the business’s stock in a transaction on Wednesday, January 8th. The shares were acquired at an average price of C$2.46 per share, with a total value of C$39,999.60. 10.13% of the stock is owned by company insiders.
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.
Recommended Stories
- Five stocks we like better than Kraken Robotics
- What Are Dividend Champions? How to Invest in the Champions
- Bloom Energy: Powering the Future With Decentralized Energy
- What does consumer price index measure?
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- Most active stocks: Dollar volume vs share volume
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Receive News & Ratings for Kraken Robotics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kraken Robotics and related companies with MarketBeat.com's FREE daily email newsletter.