Knightscope Inc (NASDAQ: KSCP) Fall -20.36% In Six Months, Here’s What We Should Expect Now

During the recent session, Knightscope Inc (NASDAQ:KSCP)’s traded shares were 0.98 million, with the beta value of the company hitting 2.01. At the last check today, the stock’s price was $0.60, reflecting an intraday gain of 8.11% or $0.04. The 52-week high for the KSCP share is $2.24, that puts it down -273.33 from that peak though still a striking 40.0% gain since the share price plummeted to a 52-week low of $0.36. The company’s market capitalization is $57.08M, and the average intraday trading volume over the past 10 days was 2.8 million shares, and the average trade volume was 1.58 million shares over the past three months.

Knightscope Inc (NASDAQ:KSCP) trade information

Knightscope Inc (KSCP) registered a 8.11% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 8.11% in intraday trading to $0.60, hitting a weekly high. The stock’s 5-day price performance is 20.00%, and it has moved by 25.81% in 30 days. Based on these gigs, the overall price performance for the year is -11.76%. The short interest in Knightscope Inc (NASDAQ:KSCP) is 7.07 million shares and it means that shorts have 4.43 day(s) to cover. Revenue for the current quarter is expected to be $2.9 million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $3.7 million by the end of Mar 2024. An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 23.96%. While earnings are projected to return 32.35% in 2024.

KSCP Dividends

Knightscope Inc is due to release its next quarterly earnings between May 16 and May 20. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Knightscope Inc (NASDAQ:KSCP)’s Major holders

Knightscope Inc insiders own 3.93% of total outstanding shares while institutional holders control 5.31%, with the float percentage being 5.53%. Vanguard Group Inc is the largest shareholder of the company, while 38 institutions own stock in it. As of Jun 29, 2023, the company held over 1.5 million shares (or 2.22% of all shares), a total value of $0.79 million in shares.

The next largest institutional holding, with 0.23 million shares, is of Geode Capital Management, LLC’s that is approximately 0.35% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $0.12 million.

Also, the Mutual Funds coming in first place with the largest holdings of Knightscope Inc (KSCP) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Jun 29, 2023 indicates that Vanguard Total Stock Market Index Fund owns about 1.01 million shares. This amounts to just over 1.50 percent of the company’s overall shares, with a $0.54 million market value. The same data shows that the other fund manager holds slightly less at 0.48 million, or about 0.71% of the stock, which is worth about $0.25 million.