Knightscope Inc (KSCP): Why Is The Stock Strong?

Knightscope Inc (NASDAQ:KSCP) has a beta value of 2.07 and has seen 0.68 million shares traded in the recent trading session. The company, currently valued at $44.97M, closed the recent trade at $0.44 per share which meant it -1.57% during that session. The KSCP stock price is -409.09% off its 52-week high price of $2.24 and 18.18% above the 52-week low of $0.36. The 3-month trading volume is 1.56 million shares.

Knightscope Inc (NASDAQ:KSCP) trade information

Sporting -1.57% in the red today, the stock has traded in the green over the last five days, when the KSCP stock price touched $0.44 or saw a rise of 14.56%. Year-to-date, Knightscope Inc shares have moved -27.00%, while the 5-day performance has seen it change 1.86%. Over the past 30 days, the shares of Knightscope Inc (NASDAQ:KSCP) have changed -12.40%.

Knightscope Inc (KSCP) estimates and forecasts

The company’s shares have lost -42.22% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 40.70%.

1 analysts offering their estimates for the company have set an average revenue estimate of $3.7 million for the current quarter. 1 have an estimated revenue figure of $3.8 million for the next quarter concluding in Jun 2024. Year-ago sales stood $2.9 million and $3.56 million respectively for this quarter and the next, and analysts expect sales will grow by 27.70% for the current quarter and 6.70% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 23.96% over the past 5 years.

KSCP Dividends

Knightscope Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.