Kraken Robotics (KRKNF) Projected to Post Earnings on Thursday

Kraken Robotics (OTCMKTS:KRKNF) is expected to be posting its resultson Thursday, April 16th. Analysts expect Kraken Robotics to post earnings of $0.0072 per share and revenue of $20.9480 million for the quarter.

Kraken Robotics Stock Performance

Shares of KRKNF stock opened at $6.08 on Thursday. The company has a 50 day moving average of $6.25 and a 200-day moving average of $5.11. Kraken Robotics has a 12-month low of $1.45 and a 12-month high of $8.13.

Analyst Ratings Changes

Several research analysts have commented on KRKNF shares. Zacks Research raised shares of Kraken Robotics to a “hold” rating in a report on Friday, March 13th. Scotiabank reissued an “outperform” rating on shares of Kraken Robotics in a report on Wednesday, February 18th. National Bank Financial downgraded shares of Kraken Robotics from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 14th. Desjardins raised shares of Kraken Robotics to a “moderate buy” rating in a report on Thursday, March 12th. Finally, ATB Cormark Capital Markets downgraded shares of Kraken Robotics from a “hold” rating to a “strong sell” rating in a report on Thursday, March 12th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Kraken Robotics currently has an average rating of “Hold”.

Kraken Robotics Company Profile

Kraken Robotics Ltd. is a marine technology company headquartered in St. John’s, Newfoundland and Labrador, Canada. The company specializes in the design, development and manufacture of advanced underwater robotic platforms and sensor systems. Kraken’s solutions are built to support a range of subsea activities, from high-resolution seabed mapping and inspection to autonomous data collection and remote operations.

Kraken’s product suite includes synthetic aperture sonar, side-scan and interferometric sonar arrays, laser imaging systems, and acoustic ranging sensors, as well as autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs).