Equities Analysts Issue Forecasts for Kraken Robotics Inc’s FY2019 Earnings (CVE:PNG)

Equities Analysts Issue Forecasts for Kraken Robotics Inc’s FY2019 Earnings (CVE:PNG)

Kraken Robotics Inc (CVE:PNG) – Equities research analysts at Clarus Securities issued their FY2019 EPS estimates for Kraken Robotics in a report released on Thursday, June 13th, according to Zacks Investment Research. Clarus Securities analyst J. Mackay anticipates that the company will earn $0.01 per share for the year.

Kraken Robotics (CVE:PNG) last announced its quarterly earnings results on Friday, May 31st. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$1.37 million for the quarter.

Shares of CVE:PNG traded down C$0.02 during trading on Friday, hitting C$0.69. 155,608 shares of the company were exchanged, compared to its average volume of 320,579. The stock has a 50 day simple moving average of C$0.64. The firm has a market cap of $100.31 million and a P/E ratio of -40.59. The company has a quick ratio of 1.40, a current ratio of 2.15 and a debt-to-equity ratio of 17.22. Kraken Robotics has a 1-year low of C$0.27 and a 1-year high of C$0.92.

Kraken Robotics Company Profile

Kraken Robotics Inc, a marine technology company, designs, develops, and markets underwater sonars and acoustic velocity sensors for unmanned underwater vehicles used in military and commercial applications in Canada, the United States, France, Israel, and internationally. The company offers AquaPix, an interferometric synthetic aperture sonar for use in onboard autonomous underwater vehicles, remotely operated tow vehicles, remotely operated vehicles, and tow bodies; real time synthetic aperture sonar (SAS) image processors; Aquatrak, a speed sensor; and SeaVision, a 3D laser system for underwater vehicles.

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