Knightscope (NASDAQ:KSCP) Shares Gap Up – Time to Buy?

Knightscope, Inc. (NASDAQ:KSCP) gapped up prior to trading on Monday . The stock had previously closed at $11.10, but opened at $12.07. Knightscope shares last traded at $12.40, with a volume of 48,308 shares.

Knightscope Trading Up 18.7 %

The company has a market capitalization of $1.51 billion, a PE ratio of -38.24 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 earnings results on Wednesday, August 14th. The company reported ($2.50) earnings per share (EPS) for the quarter. The firm had revenue of $3.20 million for the quarter.

Hedge Funds Weigh In On Knightscope

An institutional investor recently bought a new position in Knightscope stock. Traynor Capital Management Inc. acquired a new position in Knightscope, Inc. (NASDAQ:KSCP) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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 owned by 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.