Knightscope, Inc. (NASDAQ:KSCP) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC grew its holdings in Knightscope, Inc. (NASDAQ:KSCP) by 13.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,111 shares of the company’s stock after buying an additional 3,486 shares during the period. Geode Capital Management LLC owned 0.84% of Knightscope worth $367,000 as of its most recent filing with the Securities & Exchange Commission.

Knightscope Stock Performance

Shares of Knightscope stock opened at $5.45 on Friday. The business has a 50-day moving average of $4.34 and a 200 day moving average of $10.61. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.00 and a quick ratio of 0.75. Knightscope, Inc. has a 12 month low of $2.45 and a 12 month high of $28.57. The stock has a market capitalization of $37.61 million, a price-to-earnings ratio of -0.40 and a beta of 1.86.

Knightscope (NASDAQ:KSCP) last posted its quarterly earnings results on Monday, March 31st. The company reported ($0.78) EPS for the quarter, topping the consensus estimate of ($1.88) by $1.10. The firm had revenue of $2.81 million for the quarter, compared to analyst estimates of $2.52 million. During the same quarter last year, the firm earned ($16.77) EPS. As a group, sell-side analysts forecast that Knightscope, Inc. will post -12.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on KSCP. Ascendiant Capital Markets cut their target price on Knightscope from $32.00 to $30.00 and set a “buy” rating for the company in a research note on Monday, April 28th. Lake Street Capital decreased their target price on shares of Knightscope from $17.00 to $9.00 and set a “buy” rating on the stock in a research report on Tuesday, April 1st. Finally, HC Wainwright reiterated a “buy” rating and set a $12.00 price target (down from $16.00) on shares of Knightscope in a research report on Monday, April 7th.

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.