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

Kraken Robotics Inc. (CVE:PNG) Senior Officer David Shea sold 28,000 shares of the company’s 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 Up 1.2 %

PNG stock opened at C$1.70 on Friday. The company has a 50 day moving average price of C$1.61 and a two-hundred day moving average price of C$1.25. Kraken Robotics Inc. has a one year low of C$0.45 and a one year high of C$1.84. The stock has a market capitalization of C$391.22 million, a P/E ratio of 34.00 and a beta of 1.15. The company has a debt-to-equity ratio of 37.39, a quick ratio of 0.64 and a current ratio of 2.71.

Kraken Robotics (CVE:PNG) last posted its quarterly earnings data on Thursday, August 22nd. The company reported C$0.01 EPS for the quarter. The company had revenue of C$22.76 million during the quarter, compared to the consensus estimate of C$24.60 million. Kraken Robotics had a net margin of 10.51% and a return on equity of 23.24%. As a group, sell-side analysts expect that Kraken Robotics Inc. will post 0.0749482 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.