Michael Shaun Mcewan Acquires 75,000 Shares of Kraken Robotics Inc. (CVE:PNG) Stock

Kraken Robotics Inc. (CVE:PNGGet Rating) Director Michael Shaun Mcewan bought 75,000 shares of the company’s stock in a transaction dated Friday, January 20th. The shares were acquired at an average price of C$0.67 per share, for a total transaction of C$50,115.00. Following the acquisition, the director now owns 75,000 shares in the company, valued at approximately C$50,115.

Kraken Robotics Stock Performance

Shares of Kraken Robotics stock opened at C$0.66 on Tuesday. The stock has a market cap of C$133.01 million and a price-to-earnings ratio of -22.76. The firm’s 50-day moving average is C$0.56 and its 200 day moving average is C$0.45. Kraken Robotics Inc. has a 1 year low of C$0.27 and a 1 year high of C$0.67. The company has a debt-to-equity ratio of 62.60, a current ratio of 1.06 and a quick ratio of 0.64.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upped their price target on shares of Kraken Robotics from C$0.70 to C$0.80 in a research note on Wednesday, November 30th.

Kraken Robotics Company Profile

(Get Rating)

Kraken Robotics Inc, a marine technology company, engages in the design, manufacture, and sale of software-centric sensors, batteries, and underwater robotic systems for unmanned underwater vehicles used in military and commercial applications. It operates in two segments, Sensors and Platforms, and Power.

Further Reading

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.