Kraken Robotics Inc. (CVE:PNG - Free Report) - Analysts at Raymond James lowered their FY2026 earnings per share (EPS) estimates for Kraken Robotics in a note issued to investors on Monday, April 28th. Raymond James analyst S. Li now expects that the company will earn $0.11 per share for the year, down from their previous estimate of $0.13. Raymond James currently has a "Moderate Buy" rating on the stock. The consensus estimate for Kraken Robotics' current full-year earnings is $0.07 per share.
A number of other equities research analysts also recently weighed in on the company. Desjardins lifted their target price on Kraken Robotics from C$3.60 to C$4.00 and gave the stock a "buy" rating in a research report on Tuesday. National Bankshares set a C$3.00 price objective on Kraken Robotics and gave the stock an "outperform" rating in a report on Thursday, April 24th. Finally, National Bank Financial upgraded Kraken Robotics to a "strong-buy" rating in a research report on Wednesday, April 23rd.
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Kraken Robotics Stock Performance
CVE PNG traded down C$0.01 during midday trading on Thursday, hitting C$2.47. The company had a trading volume of 278,673 shares, compared to its average volume of 876,102. The firm has a fifty day simple moving average of C$2.35 and a two-hundred day simple moving average of C$2.40. Kraken Robotics has a fifty-two week low of C$0.92 and a fifty-two week high of C$3.01. The company has a quick ratio of 0.64, a current ratio of 2.78 and a debt-to-equity ratio of 34.32. The stock has a market cap of C$671.53 million, a price-to-earnings ratio of 65.35 and a beta of 1.15.
About Kraken Robotics
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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.
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