Kraken Robotics (OTCMKTS:KRKNF) Trading Up 3% – What’s Next?

Kraken Robotics Inc. (OTCMKTS:KRKNFGet Free Report)’s share price was up 3% during mid-day trading on Wednesday . The stock traded as high as $1.87 and last traded at $1.83. Approximately 217,231 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 355,474 shares. The stock had previously closed at $1.78.

Analysts Set New Price Targets

Several research analysts have recently issued reports on KRKNF shares. National Bankshares started coverage on shares of Kraken Robotics in a report on Thursday, April 24th. They issued an “outperform” rating for the company. Desjardins restated a “buy” rating on shares of Kraken Robotics in a report on Wednesday, April 30th.

Read Our Latest Analysis on Kraken Robotics

Kraken Robotics Stock Performance

The stock’s 50 day moving average is $1.70 and its two-hundred day moving average is $1.74.

About Kraken Robotics

(Get Free Report)

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.

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