Kraken Robotics Inc. (CVE:PNG) Senior Officer David Shea Sells 142,500 Shares of Stock

Kraken Robotics Inc. (CVE:PNG) Senior Officer David Shea sold 142,500 shares of the company’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of C$1.57, for a total transaction of C$223,782.00.

Kraken Robotics Price Performance

Shares of CVE PNG opened at C$1.47 on Wednesday. The company has a market capitalization of C$338.29 million, a PE ratio of 29.40 and a beta of 1.13. The company has a quick ratio of 0.64, a current ratio of 2.71 and a debt-to-equity ratio of 37.39. The stock’s 50 day moving average price is C$1.26 and its 200-day moving average price is C$1.11. Kraken Robotics Inc. has a twelve month low of C$0.39 and a twelve month high of C$1.67.

Kraken Robotics (CVE:PNG) last issued its quarterly earnings results on Thursday, August 22nd. The company reported C$0.01 EPS for the quarter. The business had revenue of C$22.76 million for the quarter, compared to analyst estimates of C$24.60 million. Kraken Robotics had a return on equity of 23.24% and a net margin of 10.51%. On average, equities analysts anticipate that Kraken Robotics Inc. will post 0.052844 EPS 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.