Knightscope (NASDAQ:KSCP) Shares Up 6.5% – Still a Buy?

Knightscope, Inc. (NASDAQ:KSCP) shares traded up 6.5% on Friday . The company traded as high as $14.66 and last traded at $14.50. 136,464 shares changed hands during trading, an increase of 61% from the average session volume of 84,549 shares. The stock had previously closed at $13.61.

Knightscope Stock Up 10.1 %

The firm has a market cap of $40.75 million, a PE ratio of -0.97 and a beta of 1.85. The company has a current ratio of 1.21, a quick ratio of 0.84 and a debt-to-equity ratio of 0.35.

Knightscope (NASDAQ:KSCP) last posted its quarterly 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 for the quarter.

Hedge Funds Weigh In On Knightscope

An institutional investor recently raised its position in Knightscope stock. Kingsview Wealth Management LLC raised its stake in shares of Knightscope, Inc. (NASDAQ:KSCP) by 50.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 187,750 shares of the company’s stock after acquiring an additional 62,850 shares during the quarter. Kingsview Wealth Management LLC owned approximately 0.20% of Knightscope worth $94,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 14.61% of the company’s stock.

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.