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

Knightscope, Inc. (NASDAQ:KSCP)’s stock price gapped up before the market opened 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 traded.

Knightscope Trading Up 16.9 %

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.84 and a current ratio of 1.21. The firm has a market capitalization of $1.77 billion, a P/E ratio of -45.56 and a beta of 1.85.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Knightscope stock. Kingsview Wealth Management LLC grew its holdings in Knightscope, Inc. (NASDAQ:KSCP) by 50.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 187,750 shares of the company’s stock after purchasing an additional 62,850 shares during the period. Kingsview Wealth Management LLC owned approximately 0.20% of Knightscope worth $94,000 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.