HC Wainwright Begins Coverage on Knightscope (NASDAQ:KSCP)

Equities researchers at HC Wainwright started coverage on shares of Knightscope (NASDAQ:KSCP) in a research note issued on Thursday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $16.00 price target on the stock. HC Wainwright’s target price indicates a potential upside of 52.24% from the stock’s previous close.

Knightscope Trading Up 1.9 %

NASDAQ KSCP opened at $10.51 on Thursday. The company has a quick ratio of 0.75, a current ratio of 1.00 and a debt-to-equity ratio of 0.42. Knightscope has a 12-month low of $4.89 and a 12-month high of $31.50. The company has a 50 day simple moving average of $13.59.

About Knightscope

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.