Knightscope (NASDAQ:KSCP) Raised to Hold at Wall Street Zen

Knightscope (NASDAQ:KSCP) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Several other analysts have also recently commented on the stock. HC Wainwright reiterated a “buy” rating and issued a $12.00 price objective on shares of Knightscope in a research note on Tuesday, February 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Knightscope in a report on Monday, December 29th. Finally, Ascendiant Capital Markets reduced their price target on shares of Knightscope from $27.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Knightscope presently has a consensus rating of “Moderate Buy” and an average target price of $15.00.

Knightscope Stock Down 1.3%

Knightscope 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. Knightscope has a 1-year low of $2.45 and a 1-year high of $10.14. The company has a market cap of $42.67 million, a PE ratio of -0.97 and a beta of 1.68. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.62 and a quick ratio of 3.37.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of KSCP. Geode Capital Management LLC lifted its stake in Knightscope by 32.5% in the 2nd quarter. Geode Capital Management LLC now owns 53,372 shares of the company’s stock valued at $264,000 after buying an additional 13,081 shares in the last quarter. Jane Street Group LLC purchased a new position in Knightscope during the second quarter worth $77,000. Total Investment Management Inc. acquired a new position in shares of Knightscope in the second quarter worth $25,000. Concurrent Investment Advisors LLC acquired a new position in shares of Knightscope in the third quarter worth $75,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of Knightscope in the third quarter valued at $71,000. 14.61% of the stock is currently owned by institutional investors and hedge funds.

About Knightscope

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.