CVE:PNG

Kraken Robotics (PNG) Stock Price, News & Analysis

C$1.01
-0.03 (-2.88%)
(As of 05/3/2024 05:24 PM ET)
Today's Range
C$1.01
C$1.05
50-Day Range
C$0.87
C$1.12
52-Week Range
C$0.35
C$1.15
Volume
241,690 shs
Average Volume
585,718 shs
Market Capitalization
C$208.17 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$1.28
PNG stock logo

About Kraken Robotics Stock (CVE:PNG)

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. It operates in two segments, Products, and Services. The company offers AquaPix miniature interferometric synthetic aperture sonar (MINSAS), a configurable MINSAS; and SeaPower, a pressure tolerant deep sea batteries. It also provides Kraken Active Towed Fish (KATFISH), a towed underwater vehicle for high speed and high resolution seabed mapping; LARS, an autonomous launch and recovery system that enable an unmanned vehicle and its payloads to be brought aboard to a host ship; Acoustic Core that provides a 3D image of stratigraphy layers and anomalies across the entire foundation footprint; and Sub-Bottom Imager used to view image beneath the seabed. In addition, the company designs and manufactures pressure tolerant batteries, battery management systems, and electronics; and robotics as a service. The company was formerly known as Kraken Sonar Inc. and changed its name to Kraken Robotics Inc. in September 2017. Kraken Robotics Inc. is headquartered in Mount Pearl, Canada.

PNG Stock Price History

PNG Stock News Headlines

The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Kraken Robotics Inc.
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
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Intact, Manulife, Kraken at 52-Week Highs on News
Insiders buy as Kraken Robotics resurfaces
Abitibi Metals Corp. (AMQFF)
Kraken Awarded $3 Million Seabed Survey Contract
Kraken at 52-Week High on Q3 News
Kraken Announces Changes to Board of Directors
Kraken Delivers Mine Hunting Solution to Australian Navy
Kraken Robotics receives $3M contract
See More Headlines
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Company Calendar

Today
5/04/2024
Next Earnings (Estimated)
6/04/2024

Industry, Sector and Symbol

Industry
Scientific & Technical Instruments
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
244
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$1.28
High Stock Price Target
C$1.60
Low Stock Price Target
C$1.00
Potential Upside/Downside
+27.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
C$1.69 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$50.39 million
Cash Flow
C$0.04 per share
Book Value
C$0.14 per share

Miscellaneous

Free Float
N/A
Market Cap
C$208.17 million
Optionable
Not Optionable
Beta
1.12
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Key Executives

  • Mr. Greg Reid C.A.
    CPA, CEO, President, Corporate Secretary & Director
  • Mr. Karl Kenny
    Founder
  • Mr. D. Joseph MacKay CA
    Chief Financial Officer
  • Mr. David Shea P.Eng.
    Executive VP of Products & CTO
  • Ms. Lynne Adu
    Executive VP of Commercial & Field Operations and Head of Kraken's Services

PNG Stock Analysis - Frequently Asked Questions

Should I buy or sell Kraken Robotics stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kraken Robotics in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PNG shares.
View PNG analyst ratings
or view top-rated stocks.

What is Kraken Robotics' stock price target for 2024?

2 equities research analysts have issued 12-month price objectives for Kraken Robotics' shares. Their PNG share price targets range from C$1.00 to C$1.60. On average, they expect the company's stock price to reach C$1.28 in the next twelve months. This suggests a possible upside of 27.1% from the stock's current price.
View analysts price targets for PNG
or view top-rated stocks among Wall Street analysts.

How have PNG shares performed in 2024?

Kraken Robotics' stock was trading at C$0.65 on January 1st, 2024. Since then, PNG shares have increased by 55.4% and is now trading at C$1.01.
View the best growth stocks for 2024 here
.

When is Kraken Robotics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our PNG earnings forecast
.

What other stocks do shareholders of Kraken Robotics own?
How do I buy shares of Kraken Robotics?

Shares of PNG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (CVE:PNG) was last updated on 5/4/2024 by MarketBeat.com Staff

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