Kraig Biocraft Laboratories, Inc. (KBLB)
Kraig Biocraft Laboratories, Inc. operates in the Manufacturing - Textiles industry of the Basic Materials sector, headquartered in Ann Arbor, MI, US. The stock last traded at $0.09, down 0.88% on the session, giving a market capitalisation of $99.3M. On trailing twelve-month figures it carries a trailing P/E of -24.11, a net margin of 0.0%. Its beta of 1.58 implies it has historically moved more than the broad market.
Kraig Biocraft Laboratories, Inc. develops protein-based fibers using recombinant DNA technology for commercial applications in the textile and specialty fiber industries in the United States. Its primary proprietary fiber technology includes natural and engineered variants of spider silk produced in domesticated mulberry silkworms, as well as uses genetically engineered silkworms that produce spider silk proteins to create its recombinant spider silk. The company’s products are used in performance apparel, workwear, filtration, luxury fashion, flexible composites, medical implants, cosmetics, and other applications; military and police for its ballistic protection; and geotextiles, safe and protective clothing, textiles used in transportation and buildings, and functional and sportive textiles. Kraig Biocraft Laboratories, Inc. was incorporated in 2006 and is headquartered in Ann Arbor, Michigan.
Kraig Biocraft Laboratories, Inc. is most often compared with the following Basic Materials names: