Knightscope (NASDAQ:KSCP) Shares Down 1.1%

Knightscope, Inc. (NASDAQ:KSCP) traded down 1.1% during mid-day trading on Wednesday . The company traded as low as $0.42 and last traded at $0.44. 1,120,378 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 1,511,489 shares. The stock had previously closed at $0.44.

Knightscope Stock Down 1.1 %

The stock’s 50 day moving average price is $0.49 and its 200-day moving average price is $0.58. The stock has a market capitalization of $40.59 million, a PE ratio of -1.36 and a beta of 2.07.

Knightscope (NASDAQ:KSCP) last announced its quarterly earnings data on Monday, April 1st. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $3.01 million for the quarter.

Hedge Funds Weigh In On Knightscope

A number of hedge funds and other institutional investors have recently modified their holdings of KSCP. Independent Advisor Alliance boosted its position in shares of Knightscope by 215.1% during the third quarter. Independent Advisor Alliance now owns 42,850 shares of the company’s stock worth $34,000 after acquiring an additional 29,250 shares during the last quarter. Kestra Private Wealth Services LLC bought a new position in Knightscope during the third quarter valued at $50,000. Traynor Capital Management Inc. bought a new position in Knightscope during the first quarter valued at $50,000. Finally, Kingsview Wealth Management LLC lifted its position in Knightscope by 32.4% during the fourth quarter. Kingsview Wealth Management LLC now owns 124,900 shares of the company’s stock valued at $75,000 after purchasing an additional 30,600 shares during the last quarter. Institutional investors 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.