Knightscope (NASDAQ:KSCP) Shares Down 4.3% – What’s Next?

Knightscope, Inc. (NASDAQ:KSCP) fell 4.3% during mid-day trading on Thursday . The company traded as low as $13.29 and last traded at $13.29. 25,253 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 83,443 shares. The stock had previously closed at $13.89.

Knightscope Trading Down 4.8 %

The company has a market capitalization of $1.51 billion, a P/E ratio of -38.53 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.84 and a current ratio of 1.21.

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

Institutional Trading of Knightscope

An institutional investor recently raised its position in Knightscope stock. Traynor Capital Management Inc. raised its stake in shares of Knightscope, Inc. (NASDAQ:KSCP) by 100.0% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 200,001 shares of the company’s stock after buying an additional 100,000 shares during the period. Traynor Capital Management Inc. owned about 0.18% of Knightscope worth $61,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.