Kraken Robotics (PNG) Stock Price Down 4.4%

Shares of Kraken Robotics Inc (CVE:PNG) traded down 4.4% during mid-day trading on Monday . The stock traded as low as C$0.83 and last traded at C$0.86. 228,949 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 322,702 shares. The stock had previously closed at C$0.90.

The company has a debt-to-equity ratio of 26.27, a quick ratio of 0.53 and a current ratio of 0.92. The company has a market capitalization of $121.42 million and a PE ratio of -30.00.

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About Kraken Robotics (CVE:PNG)

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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