Knightscope (NASDAQ:KSCP) Posts Earnings Results, Beats Expectations By $1.16 EPS

Knightscope (NASDAQ:KSCP) issued its quarterly earnings results on Monday. The company reported ($0.78) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.94) by $1.16, Zacks reports.

Knightscope Price Performance

KSCP stock traded down $0.12 during midday trading on Monday, reaching $2.82. 408,528 shares of the company were exchanged, compared to its average volume of 170,756. The firm has a market capitalization of $9.82 million, a price-to-earnings ratio of -0.21 and a beta of 1.58. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.00 and a quick ratio of 0.75. The stock’s 50-day simple moving average is $7.62. Knightscope has a one year low of $2.55 and a one year high of $31.50.

Analyst Ratings Changes

Several brokerages recently weighed in on KSCP. HC Wainwright initiated coverage on Knightscope in a research report on Thursday, January 30th. They set a “buy” rating and a $16.00 target price for the company. Lake Street Capital initiated coverage on shares of Knightscope in a report on Wednesday, February 5th. They issued a “buy” rating and a $17.00 price target for the company.

Knightscope Company Profile

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.