Knightscope (NASDAQ:KSCP) Shares Gap Up – Here’s Why

Knightscope, Inc. (NASDAQ:KSCPGet Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $7.42, but opened at $8.13. Knightscope shares last traded at $7.30, with a volume of 37,783 shares trading hands.

Knightscope Stock Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.84 and a current ratio of 1.21. The stock has a market capitalization of $779.21 million, a P/E ratio of -20.18 and a beta of 1.85.

Knightscope (NASDAQ:KSCPGet Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.05) EPS for the quarter. The business had revenue of $3.20 million for the quarter.

Institutional Trading of Knightscope

A hedge fund recently bought a new stake in Knightscope stock. Traynor Capital Management Inc. bought a new position in Knightscope, Inc. (NASDAQ:KSCPFree Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 100,001 shares of the company’s stock, valued at approximately $50,000. Traynor Capital Management Inc. owned approximately 0.11% of Knightscope as of its most recent SEC filing. 14.61% of the stock is currently owned by institutional investors and hedge funds.

Knightscope Company Profile

(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.

See Also

Receive News & Ratings for Knightscope Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knightscope and related companies with MarketBeat.com's FREE daily email newsletter.