Analysts Set Expectations for Kraken Robotics Inc’s FY2019 Earnings (CVE:PNG)

Kraken Robotics Inc (CVE:PNG) – Analysts at Clarus Securities issued their FY2019 earnings per share (EPS) estimates for shares of Kraken Robotics in a research note issued to investors on Thursday, June 13th. Clarus Securities analyst J. Mackay forecasts that the company will post earnings per share of $0.01 for the year.

CVE PNG opened at C$0.58 on Friday. Kraken Robotics has a fifty-two week low of C$0.15 and a fifty-two week high of C$0.92. The firm has a market cap of $80.94 million and a price-to-earnings ratio of -23.20. The company has a debt-to-equity ratio of 4.65, a current ratio of 2.02 and a quick ratio of 1.38.

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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