Knightscope (NASDAQ:KSCP) Sees Strong Trading Volume – What’s Next?

Shares of Knightscope, Inc. (NASDAQ:KSCP) saw unusually-strong trading volume on Wednesday . Approximately 85,480 shares changed hands during trading, an increase of 4% from the previous session’s volume of 81,920 shares.The stock last traded at $16.34 and had previously closed at $15.49.

Knightscope Stock Performance

The company has a market cap of $1.60 billion, a price-to-earnings ratio of -48.97 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.21 and a quick ratio of 0.84.

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

Institutional Trading of Knightscope

A hedge fund recently raised its stake in Knightscope stock. Kingsview Wealth Management LLC grew its stake in Knightscope, Inc. (NASDAQ:KSCP) by 50.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 187,750 shares of the company’s stock after purchasing an additional 62,850 shares during the quarter. Kingsview Wealth Management LLC owned about 0.20% of Knightscope worth $94,000 at the end of the most recent reporting period. 14.61% of the stock is owned by hedge funds and other 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.