Kraken Robotics Inc. logo

Kraken Robotics Inc. (KRKNF)

Market Closed
18 Dec, 20:00
OTCQB OTCQB
$
4. 20
+0.1
+2.44%
$
154.79M Market Cap
0 P/E Ratio
0% Div Yield
336,000 Volume
0.03 Eps
$ 4.1
Previous Close
Day Range
4.05 4.27
Year Range
1.4 5.48
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Kraken Robotics: Outstanding Performance, But Can It Keep It Up?

Kraken Robotics: Outstanding Performance, But Can It Keep It Up?

Kraken Robotics Inc. has shown impressive revenue growth and profitability, driven by high demand for its products and strategic acquisitions, leading to a 350% share price increase in the last year. The company's financial health is strong, with significant cash reserves, manageable debt, and an interest coverage ratio of 7.2x, indicating efficient capital allocation. Despite its success, I am initiating coverage with a hold rating, awaiting the next quarterly report to assess continued performance and potential guidance updates.

Seekingalpha | 1 year ago