Knightscope (NASDAQ:KSCP) Shares Gap Down – What’s Next?
by Renee Jackson · The Cerbat GemShares of Knightscope, Inc. (NASDAQ:KSCP – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $13.25, but opened at $12.82. Knightscope shares last traded at $15.10, with a volume of 268,996 shares changing hands.
Knightscope Price Performance
The company has a debt-to-equity ratio of 0.35, a current ratio of 1.21 and a quick ratio of 0.84. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of -45.68 and a beta of 1.85.
Knightscope (NASDAQ:KSCP – Get Free Report) last posted its earnings results on Wednesday, August 14th. The company reported ($2.50) earnings per share for the quarter. The business had revenue of $3.20 million during the quarter.
Institutional Trading of Knightscope
An institutional investor recently raised its position in Knightscope stock. Kingsview Wealth Management LLC increased its holdings in shares of Knightscope, Inc. (NASDAQ:KSCP – Free Report) by 50.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 187,750 shares of the company’s stock after purchasing an additional 62,850 shares during the quarter. Kingsview Wealth Management LLC owned approximately 0.20% of Knightscope worth $94,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 14.61% of the company’s stock.
Knightscope Company Profile
Knightscope, Inc designs, develops, manufactures, markets, deploys, and supports autonomous security robots (ASR) in the United States. Its products include K3 and K5 ASRs designed to roam a geo-fenced area autonomously by utilizing numerous sensors and lasers, either on a random basis or based on a particular patrolling algorithm to navigate around people, vehicles, and objects in dynamic indoor or outdoor environments; K1, an ASR for used in indoors or outdoors and at ingress/egress points for both people and vehicles; and K7, a multi-terrain ASR.
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