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

Knightscope (NASDAQ:KSCP) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

A number of other equities research analysts have also weighed in on KSCP. Weiss Ratings restated a “sell (d-)” rating on shares of Knightscope in a research note on Monday, December 29th. Ascendiant Capital Markets decreased their price objective on shares of Knightscope from $27.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. Finally, HC Wainwright reiterated a “buy” rating and issued a $12.00 target price on shares of Knightscope in a research note on Tuesday, February 10th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.00.

Knightscope Trading Down 1.3%

Shares of NASDAQ:KSCP opened at $3.82 on Friday. The business’s 50-day moving average is $3.93 and its 200 day moving average is $4.77. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.62 and a quick ratio of 3.37. Knightscope has a 1 year low of $2.45 and a 1 year high of $10.14. The firm has a market capitalization of $42.67 million, a P/E ratio of -0.97 and a beta of 1.68.

Institutional Investors Weigh In On Knightscope

Institutional investors have recently modified their holdings of the business. Total Investment Management Inc. acquired a new position in Knightscope in the 2nd quarter worth about $25,000. International Assets Investment Management LLC acquired a new stake in Knightscope in the fourth quarter valued at approximately $26,000. Independent Advisor Alliance purchased a new stake in shares of Knightscope in the fourth quarter valued at approximately $37,000. LPL Financial LLC purchased a new stake in shares of Knightscope in the fourth quarter valued at approximately $53,000. Finally, Concurrent Investment Advisors LLC raised its stake in shares of Knightscope by 42.3% during the 4th quarter. Concurrent Investment Advisors LLC now owns 18,500 shares of the company’s stock worth $69,000 after buying an additional 5,500 shares during the period. 14.61% of the stock is currently owned by institutional investors and hedge funds.

About Knightscope

Knightscope, Inc (NASDAQ: KSCP) is a technology company specializing in the design and deployment of autonomous security robots. The firm offers a robotics-as-a-service platform that integrates self-driving devices with artificial intelligence and machine learning capabilities to enhance perimeter security, detect anomalies and deliver real-time incident reporting.

Since its founding in 2013 and headquartered in Mountain View, California, Knightscope has developed a series of fully autonomous models—designated K1 through K7—suited for indoor and outdoor environments.