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

Shares of 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 traded.

Knightscope Trading Up 3.3 %

The stock’s 50 day simple moving average is $0.49 and its two-hundred day simple moving average is $0.43. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.21 and a quick ratio of 0.84. The stock has a market capitalization of $615.82 million, a PE ratio of -16.38 and a beta of 1.90.

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

Institutional Investors Weigh In On Knightscope

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

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.