Knightscope (NASDAQ:KSCP) Upgraded by Wall Street Zen to Hold Rating

Knightscope (NASDAQ:KSCP - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Saturday.

KSCP has been the subject of several other research reports. Lake Street Capital lowered 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. HC Wainwright reaffirmed a "buy" rating and issued a $12.00 price objective on shares of Knightscope in a report on Friday, May 16th. Finally, Ascendiant Capital Markets reduced their price objective on shares of Knightscope from $30.00 to $26.00 and set a "buy" rating for the company in a report on Friday, June 6th.

Knightscope Stock Performance

KSCP stock traded down $0.24 during trading on Friday, hitting $7.36. 700,062 shares of the company's stock traded hands, compared to its average volume of 252,840. The company has a quick ratio of 2.06, a current ratio of 2.27 and a debt-to-equity ratio of 0.22. Knightscope has a 52 week low of $2.45 and a 52 week high of $28.57. The stock has a fifty day moving average price of $5.70 and a two-hundred day moving average price of $6.93. The stock has a market capitalization of $50.78 million, a price-to-earnings ratio of -0.90 and a beta of 1.70.

Knightscope (NASDAQ:KSCP - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported ($1.28) EPS for the quarter, topping the consensus estimate of ($1.47) by $0.19. The business had revenue of $2.81 million during the quarter, compared to analyst estimates of $2.55 million. Knightscope had a negative net margin of 270.66% and a negative return on equity of 228.33%. As a group, equities analysts anticipate that Knightscope will post -12.15 EPS for the current fiscal year.

Institutional Investors Weigh In On Knightscope

An institutional investor recently bought a new position in Knightscope stock. Virtu Financial LLC acquired a new stake in shares of Knightscope, Inc. (NASDAQ:KSCP - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 14,248 shares of the company's stock, valued at approximately $40,000. Virtu Financial LLC owned approximately 0.21% of Knightscope 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.