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Knightscope (NASDAQ:KSCP – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Monday.
Other research analysts also recently issued research reports about the company. Ascendiant Capital Markets dropped their price objective on Knightscope from $30.00 to $26.00 and set a “buy” rating on the stock in a report on Friday, June 6th. Lake Street Capital dropped their price target on shares of Knightscope from $17.00 to $9.00 and set a “buy” rating on the stock in a research note on Tuesday, April 1st. Finally, HC Wainwright reissued a “buy” rating and set a $12.00 price objective on shares of Knightscope in a report on Friday, May 16th.
Check Out Our Latest Analysis on Knightscope
Knightscope Trading Down 6.5%
Shares of NASDAQ:KSCP opened at $7.01 on Monday. The company has a market cap of $57.41 million, a PE ratio of -0.86 and a beta of 1.70. The company’s 50 day moving average is $6.24 and its two-hundred day moving average is $6.45. Knightscope has a 52 week low of $2.45 and a 52 week high of $28.57. The company has a current ratio of 2.27, a quick ratio of 2.06 and a debt-to-equity ratio of 0.22.
Knightscope (NASDAQ:KSCP – Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported ($1.28) EPS for the quarter, beating the consensus estimate of ($1.47) by $0.19. Knightscope had a negative return on equity of 228.33% and a negative net margin of 270.66%. The firm had revenue of $2.81 million for the quarter, compared to analyst estimates of $2.55 million. Equities analysts predict that Knightscope will post -12.15 earnings per share for the current fiscal year.
Institutional Trading of Knightscope
A hedge fund recently raised its stake in Knightscope stock. Geode Capital Management LLC boosted its stake in shares of Knightscope, Inc. (NASDAQ:KSCP – Free Report) by 13.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,111 shares of the company’s stock after acquiring an additional 3,486 shares during the quarter. Geode Capital Management LLC owned about 0.84% of Knightscope worth $367,000 as of its most recent filing with the Securities and Exchange Commission. 14.61% of the stock is currently owned by hedge funds and other institutional investors.
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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