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Knightscope (NASDAQ:KSCP) Trading Down 13.2% - What's Next?

Knightscope logo with Business Services background

Knightscope, Inc. (NASDAQ:KSCP - Get Free Report)'s share price dropped 13.2% during trading on Friday . The company traded as low as $19.50 and last traded at $19.97. Approximately 212,540 shares were traded during trading, an increase of 114% from the average daily volume of 99,418 shares. The stock had previously closed at $23.02.

Knightscope Trading Down 13.2 %

The firm has a 50 day moving average price of $12.03. 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 $54.36 million, a P/E ratio of -1.47 and a beta of 1.48.

Knightscope (NASDAQ:KSCP - Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported ($2.50) earnings per share (EPS) for the quarter. The firm had revenue of $3.20 million for the quarter.

Institutional Investors Weigh In On Knightscope

A hedge fund recently raised its stake in Knightscope stock. Kingsview Wealth Management LLC raised its stake in Knightscope, Inc. (NASDAQ:KSCP - Free Report) by 50.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 187,750 shares of the company's stock after acquiring an additional 62,850 shares during the quarter. Kingsview Wealth Management LLC owned about 0.20% of Knightscope worth $94,000 at the end of the most recent reporting period. 14.61% of the stock is currently owned by institutional investors and hedge funds.

About Knightscope

(Get Free Report)

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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