Knightscope (NASDAQ:KSCP) Reaches New 1-Year Low at $7.28

Knightscope, Inc. (NASDAQ:KSCP) reached a new 52-week low during trading on Tuesday . The stock traded as low as $7.28 and last traded at $7.31, with a volume of 81493 shares. The stock had previously closed at $7.68.

Knightscope Trading Down 32.0 %

The firm’s 50-day moving average price is $0.39 and its 200 day moving average price is $0.40. The company has a market cap of $596.40 million, a price-to-earnings ratio of -20.28 and a beta of 1.90. The company has a current ratio of 1.21, a quick ratio of 0.84 and a debt-to-equity ratio of 0.35.

Knightscope (NASDAQ:KSCP) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business 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. grew its holdings in shares of Knightscope, Inc. (NASDAQ:KSCP) by 100.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 200,001 shares of the company’s stock after buying an additional 100,000 shares during the quarter. Traynor Capital Management Inc. owned 0.18% of Knightscope worth $61,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 14.61% of the company’s stock.

About Knightscope

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.