Knightscope (NASDAQ:KSCP) Shares Down 9.9%

Knightscope, Inc. (NASDAQ:KSCP)’s stock price was down 9.9% during mid-day trading on Wednesday . The company traded as low as $6.36 and last traded at $6.49. Approximately 28,472 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 55,908 shares. The stock had previously closed at $7.20.

Knightscope Price Performance

The company has a market cap of $732.36 million, a PE ratio of -19.09 and a beta of 1.90. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.21 and a quick ratio of 0.84.

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

Hedge Funds Weigh In On Knightscope

A hedge fund recently bought a new stake in Knightscope stock. Traynor Capital Management Inc. acquired a new stake in Knightscope, Inc. (NASDAQ:KSCP) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 100,001 shares of the company’s stock, valued at approximately $50,000. Traynor Capital Management Inc. owned approximately 0.11% of Knightscope at the end of the most recent quarter. Institutional investors and hedge funds 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.