Lake Street Capital Begins Coverage on Knightscope (NASDAQ:KSCP)

Research analysts at Lake Street Capital started coverage on shares of Knightscope (NASDAQ:KSCP) in a note issued to investors on Wednesday,Benzinga reports. The firm set a “buy” rating and a $17.00 price target on the stock. Lake Street Capital’s target price points to a potential upside of 54.83% from the stock’s current price.

Separately, HC Wainwright assumed coverage on Knightscope in a report on Thursday, January 30th. They issued a “buy” rating and a $16.00 target price for the company.

Knightscope Price Performance

Shares of Knightscope stock opened at $10.98 on Wednesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.00 and a quick ratio of 0.75. The firm has a fifty day simple moving average of $13.20. Knightscope has a 52-week low of $4.89 and a 52-week high of $31.50. The company has a market cap of $38.21 million, a price-to-earnings ratio of -0.81 and a beta of 1.50.

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.