Knightscope (NASDAQ:KSCP) Stock Price Up 7.4% – What’s Next?

Knightscope, Inc. (NASDAQ:KSCP) shares shot up 7.4% during trading on Wednesday . The company traded as high as $7.66 and last traded at $7.66. 92,681 shares were traded during trading, an increase of 50% from the average session volume of 61,750 shares. The stock had previously closed at $7.13.

Knightscope Stock Performance

The stock has a market capitalization of $890.03 million, a P/E ratio of -22.53 and a beta of 1.85. The company has a quick ratio of 0.84, a current ratio of 1.21 and a debt-to-equity ratio of 0.35.

Knightscope (NASDAQ:KSCP) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($2.50) EPS for the quarter. The firm had revenue of $3.20 million for the quarter.

Institutional Inflows and Outflows

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

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.