Knightscope (NASDAQ:KSCP) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Knightscope (NASDAQ:KSCP) from a sell rating to a hold rating in a research report released on Saturday morning.

KSCP has been the subject of a number of other reports. Ascendiant Capital Markets cut their price target on Knightscope from $27.00 to $25.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Knightscope in a research report on Monday, December 29th. Finally, HC Wainwright reissued a “buy” rating and issued a $12.00 target price on shares of Knightscope in a research note on Tuesday, February 10th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $15.00.

Knightscope Price Performance

KSCP stock opened at $3.82 on Friday. The stock’s 50 day moving average price is $3.93 and its 200 day moving average price is $4.78. The firm has a market cap of $42.67 million, a P/E ratio of -0.97 and a beta of 1.68. The company has a debt-to-equity ratio of 0.15, a quick ratio of 3.37 and a current ratio of 3.62. Knightscope has a 1 year low of $2.45 and a 1 year high of $10.14.

Institutional Investors Weigh In On Knightscope

A number of hedge funds and other institutional investors have recently made changes to their positions in KSCP. Total Investment Management Inc. acquired a new position in Knightscope in the second quarter valued at $25,000. Concurrent Investment Advisors LLC boosted its stake in Knightscope by 42.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 18,500 shares of the company’s stock worth $69,000 after buying an additional 5,500 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Knightscope in the 4th quarter worth about $26,000. Independent Advisor Alliance purchased a new stake in Knightscope in the 4th quarter valued at about $37,000. Finally, Envestnet Asset Management Inc. acquired a new position in shares of Knightscope during the 3rd quarter valued at about $71,000. Hedge funds and other institutional investors own 14.61% of the company’s stock.

Knightscope Company Profile

Knightscope, Inc (NASDAQ: KSCP) is a technology company specializing in the design and deployment of autonomous security robots. The firm offers a robotics-as-a-service platform that integrates self-driving devices with artificial intelligence and machine learning capabilities to enhance perimeter security, detect anomalies and deliver real-time incident reporting.

Since its founding in 2013 and headquartered in Mountain View, California, Knightscope has developed a series of fully autonomous models—designated K1 through K7—suited for indoor and outdoor environments.