Q3 2019 EPS Estimates for Kraken Robotics Inc (CVE:PNG) Increased by Analyst

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Kraken Robotics Inc (CVE:PNG) – Analysts at Clarus Securities lifted their Q3 2019 earnings per share (EPS) estimates for Kraken Robotics in a research report issued on Wednesday, October 16th. Clarus Securities analyst S. Kammermayer now anticipates that the company will post earnings of $0.02 per share for the quarter, up from their previous estimate of $0.01. Clarus Securities currently has a “Buy” rating on the stock.

Kraken Robotics (CVE:PNG) last issued its earnings results on Wednesday, August 28th. The company reported C($0.01) EPS for the quarter. The firm had revenue of C$1.34 million during the quarter.

Shares of CVE PNG opened at C$0.69 on Monday. The company has a current ratio of 1.57, a quick ratio of 0.90 and a debt-to-equity ratio of 21.45. Kraken Robotics has a 12 month low of C$0.36 and a 12 month high of C$0.92. The stock has a 50 day moving average of C$0.62 and a 200-day moving average of C$0.63. The company has a market capitalization of $105.12 million and a P/E ratio of -20.91.

About Kraken Robotics

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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Earnings History and Estimates for Kraken Robotics (CVE:PNG)

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