Knightscope (NASDAQ:KSCP) Stock Rating Upgraded by Wall Street Zen

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

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

Knightscope Price Performance

Shares of KSCP opened at $3.82 on Friday. The firm has a 50-day simple moving average of $3.93 and a two-hundred day simple moving average of $4.78. The stock has a market cap of $42.67 million, a PE ratio of -0.97 and a beta of 1.68. Knightscope has a 1-year low of $2.45 and a 1-year high of $10.14. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.62 and a quick ratio of 3.37.

Hedge Funds Weigh In On Knightscope

A number of institutional investors have recently modified their holdings of KSCP. Geode Capital Management LLC boosted its stake in shares of Knightscope by 32.5% during the second quarter. Geode Capital Management LLC now owns 53,372 shares of the company’s stock worth $264,000 after buying an additional 13,081 shares during the period. Kestra Private Wealth Services LLC acquired a new stake in Knightscope during the 3rd quarter worth approximately $151,000. Jane Street Group LLC purchased a new position in shares of Knightscope in the 2nd quarter valued at approximately $77,000. Price T Rowe Associates Inc. MD acquired a new position in shares of Knightscope in the fourth quarter valued at approximately $71,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of Knightscope during the third quarter worth approximately $71,000. 14.61% of the stock is 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.