Knightscope (NASDAQ:KSCP) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Knightscope, Inc. (NASDAQ:KSCP) saw unusually-high trading volume on Wednesday . Approximately 85,480 shares changed hands during trading, an increase of 4% from the previous session’s volume of 81,920 shares.The stock last traded at $16.34 and had previously closed at $15.49.

Knightscope Stock Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.84 and a current ratio of 1.21. The firm has a market capitalization of $1.55 billion, a P/E ratio of -40.03 and a beta of 1.85.

Knightscope (NASDAQ:KSCP) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($2.50) EPS for the quarter. The business had revenue of $3.20 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Knightscope stock. Kingsview Wealth Management LLC boosted its position in Knightscope, Inc. (NASDAQ:KSCP) by 50.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 187,750 shares of the company’s stock after buying an additional 62,850 shares during the period. Kingsview Wealth Management LLC owned approximately 0.20% of Knightscope worth $94,000 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.