Knightscope (NASDAQ:KSCP) Raised to Hold at Wall Street Zen

Knightscope (NASDAQ:KSCP) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Thursday.

KSCP has been the subject of several other research reports. Ascendiant Capital Markets dropped their price target on shares of Knightscope from $32.00 to $30.00 and set a “buy” rating for the company in a research report on Monday, April 28th. Lake Street Capital dropped their price target on shares of Knightscope from $17.00 to $9.00 and set a “buy” rating for the company in a research report on Tuesday, April 1st. Finally, HC Wainwright reaffirmed a “buy” rating and set a $12.00 price target on shares of Knightscope in a research report on Friday, May 16th.

Knightscope Stock Performance

NASDAQ:KSCP opened at $5.82 on Thursday. The firm has a 50 day simple moving average of $4.41 and a 200-day simple moving average of $9.64. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.00 and a quick ratio of 0.75. The firm has a market cap of $40.16 million, a PE ratio of -0.43 and a beta of 1.72. Knightscope has a 1-year low of $2.45 and a 1-year high of $28.57.

Knightscope (NASDAQ:KSCP) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($1.28) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.47) by $0.19. The firm had revenue of $2.81 million during the quarter, compared to analyst estimates of $2.55 million. On average, equities analysts expect that Knightscope will post -12.15 EPS for the current year.

Institutional Investors Weigh In On Knightscope

An institutional investor recently bought a new position in Knightscope stock. Virtu Financial LLC acquired a new position in shares of Knightscope, Inc. (NASDAQ:KSCP) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 14,248 shares of the company’s stock, valued at approximately $40,000. Virtu Financial LLC owned 0.21% of Knightscope as of its most recent SEC filing. 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.