Knightscope (NASDAQ:KSCP) Trading Down 4.3% – Here’s What Happened

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

Knightscope Trading Up 10.1 %

The company has a debt-to-equity ratio of 0.35, a current ratio of 1.21 and a quick ratio of 0.84. The firm has a market capitalization of $40.75 million, a PE ratio of -0.97 and a beta of 1.85.

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

Institutional Investors Weigh In On Knightscope

A hedge fund recently raised its stake in Knightscope stock. Traynor Capital Management Inc. lifted its stake in Knightscope, Inc. (NASDAQ:KSCP) by 100.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 200,001 shares of the company’s stock after purchasing an additional 100,000 shares during the quarter. Traynor Capital Management Inc. owned 0.18% of Knightscope worth $61,000 as of its most recent filing with the Securities & Exchange Commission. 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.