Knightscope (NASDAQ:KSCP) Shares Gap Up to $5.22

Knightscope, Inc. (NASDAQ:KSCP) gapped up prior to trading on Wednesday . The stock had previously closed at $5.22, but opened at $5.60. Knightscope shares last traded at $5.57, with a volume of 45,063 shares changing hands.

Knightscope Stock Down 7.8 %

The company has a quick ratio of 0.84, a current ratio of 1.21 and a debt-to-equity ratio of 0.35. The company has a market cap of $590.69 million, a price-to-earnings ratio of -15.21 and a beta of 1.90.

Knightscope (NASDAQ:KSCP) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.05) EPS for the quarter. The business had revenue of $3.20 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Knightscope stock. Traynor Capital Management Inc. raised its holdings in shares of Knightscope, Inc. (NASDAQ:KSCP) by 100.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 200,001 shares of the company’s stock after purchasing an additional 100,000 shares during the period. Traynor Capital Management Inc. owned 0.18% of Knightscope worth $61,000 at the end of the most recent reporting period. 14.61% of the stock is owned by hedge funds and other institutional investors.

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.