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Knightscope (NASDAQ:KSCP) Stock Price Down 4.3% - Here's Why

Knightscope logo with Business Services background

Knightscope, Inc. (NASDAQ:KSCP - Get Free Report)'s stock price traded down 4.3% during trading on Thursday . The company traded as low as $13.29 and last traded at $13.29. 25,253 shares were traded during trading, a decline of 70% from the average session volume of 83,443 shares. The stock had previously closed at $13.89.

Knightscope Trading Down 2.0 %

The stock has a market cap of $1.55 billion, a price-to-earnings ratio of -38.91 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.84 and a current ratio of 1.21.

Knightscope (NASDAQ:KSCP - Get Free Report) last posted its earnings results on Wednesday, August 14th. The company reported ($2.50) earnings per share (EPS) for the quarter. The company 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 lifted its stake in Knightscope, Inc. (NASDAQ:KSCP - Free Report) by 50.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 0.20% of Knightscope worth $94,000 as of its most recent SEC filing. 14.61% of the stock is owned by institutional investors.

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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