Knightscope (NASDAQ:KSCP) Shares Gap Up – Here’s What Happened

Knightscope, Inc. (NASDAQ:KSCP) 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 trading hands.

Knightscope Stock Performance

The firm has a market cap of $1.51 billion, a PE ratio of -38.24 and a beta of 1.85. 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 released its quarterly earnings results on Wednesday, August 14th. The company reported ($2.50) earnings per share (EPS) for the quarter. The business had revenue of $3.20 million for the quarter.

Institutional Trading of Knightscope

An institutional investor recently raised its position in Knightscope stock. Kingsview Wealth Management LLC increased its stake in shares of Knightscope, Inc. (NASDAQ:KSCP) by 50.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 187,750 shares of the company’s stock after buying an additional 62,850 shares during the quarter. Kingsview Wealth Management LLC owned about 0.20% of Knightscope worth $94,000 as of its most recent SEC filing. 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.