Knightscope (NASDAQ:KSCP) Trading Down 4.3%

Knightscope, Inc. (NASDAQ:KSCP) shares dropped 4.3% on Thursday . The stock traded as low as $0.61 and last traded at $0.62. Approximately 563,470 shares were traded during trading, a decline of 73% from the average daily volume of 2,078,229 shares. The stock had previously closed at $0.65.

Knightscope Trading Down 4.3 %

The firm’s 50-day moving average is $0.78 and its two-hundred day moving average is $0.85.

Knightscope (NASDAQ:KSCP) last announced its quarterly earnings results on Monday, August 14th. The company reported ($0.08) EPS for the quarter. The business had revenue of $3.56 million during the quarter.

Institutional Investors Weigh In On Knightscope

Hedge funds and other institutional investors have recently modified their holdings of the stock. Virtu Financial LLC acquired a new stake in shares of Knightscope in the second quarter worth $49,000. AlphaCentric Advisors LLC lifted its position in Knightscope by 100.0% in the first quarter. AlphaCentric Advisors LLC now owns 500,000 shares of the company’s stock worth $445,000 after purchasing an additional 250,000 shares during the period. Vanguard Group Inc. bought a new position in Knightscope in the third quarter worth $3,691,000. Renaissance Technologies LLC bought a new position in Knightscope in the second quarter worth $118,000. Finally, Bank of Montreal Can bought a new position in Knightscope in the first quarter worth $77,000. Institutional investors and hedge funds own 5.72% of the company’s stock.

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.