Knightscope (NASDAQ:KSCP) Shares Gap Up - Time to Buy?

Knightscope, Inc. (NASDAQ:KSCP - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $11.10, but opened at $12.07. Knightscope shares last traded at $12.40, with a volume of 48,308 shares trading hands.

Knightscope Price Performance

The company has a market cap of $1.51 billion, a P/E ratio of -38.97 and a beta of 1.85. The company has a current ratio of 1.21, a quick ratio of 0.84 and a debt-to-equity ratio of 0.35.

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

Hedge Funds Weigh In On Knightscope

An institutional investor recently raised its position in Knightscope stock. Kingsview Wealth Management LLC increased its stake in Knightscope, Inc. (NASDAQ:KSCP - Free Report) by 50.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 187,750 shares of the company's stock after purchasing an additional 62,850 shares during the period. Kingsview Wealth Management LLC owned approximately 0.20% of Knightscope worth $94,000 as of its most recent filing with the SEC. Institutional investors and hedge funds 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.