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1 Comment
Kraken Robotics Inc is currently in a long term downtrend where the price is trading 8.7% below its 200 day moving average.
From a valuation standpoint, the stock is 45.1% cheaper than other stocks from the Technology sector with a price to sales ratio of 7.5.
Kraken Robotics Inc's total revenue sank by 80.2% to $2M since the same quarter in the previous year.
Its net income has dropped by 1063.6% to $-3M since the same quarter in the previous year.
Finally, its free cash flow grew by 45.4% to $-2M since the same quarter in the previous year.
Based on the above factors, Kraken Robotics Inc gets an overall score of 2/5.
Sector | Technology |
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Industry | Scientific & Technical Instruments |
ISIN | CA50077N1024 |
Exchange | F |
CurrencyCode | EUR |
Beta | 0.92 |
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Market Cap | 351M |
PE Ratio | 44.6 |
Target Price | None |
Dividend Yield | None |
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. It operates in two segments, Products, and Services. The company offers AquaPix miniature interferometric synthetic aperture sonar (MINSAS), a configurable MINSAS; and SeaPower, a pressure tolerant deep sea batteries. It also provides Kraken Active Towed Fish (KATFISH), a towed underwater vehicle for high speed and high resolution seabed mapping; LARS, an autonomous launch and recovery system that enable an unmanned vehicle and its payloads to be brought aboard to a host ship; Acoustic Core that provides a 3D image of stratigraphy layers and anomalies across the entire foundation footprint; and Sub-Bottom Imager used to view image beneath the seabed. In addition, the company designs and manufactures pressure tolerant batteries, battery management systems, and electronics; and robotics as a service. The company was formerly known as Kraken Sonar Inc. and changed its name to Kraken Robotics Inc. in September 2017. Kraken Robotics Inc. was incorporated in 2008 and is headquartered in Mount Pearl, Canada.
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