In the last trading session, 3.93 million shares of the Knightscope Inc (NASDAQ:KSCP) were traded, and its beta was 1.95. Most recently the company’s share price was $0.20, and it changed around $0.0 or 2.60% from the last close, which brings the market valuation of the company to $30.72M. KSCP currently trades at a discount to its 52-week high of $1.04, offering almost -420.0% off that amount. The share price’s 52-week low was $0.18, which indicates that the current value has risen by an impressive 10.0% since then. We note from Knightscope Inc’s average daily trading volume that its 10-day average is 44547.0 shares, with the 3-month average coming to 2.74 million.
Knightscope Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended KSCP as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Knightscope Inc is expected to report earnings per share of -0.05 for the current quarter.
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Knightscope Inc (NASDAQ:KSCP) trade information
Instantly KSCP has showed a green trend with a performance of 2.60% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 12.0000 on recent trading dayincreased the stock’s daily price by 98.33%. The company’s shares are currently down -66.50% year-to-date, but still down -8.05% over the last five days. On the other hand, Knightscope Inc (NASDAQ:KSCP) is -30.45% down in the 30-day period. We can see from the shorts that 0.22 million shares have been sold at a short interest cover period of 3.72 day(s).
Knightscope Inc (KSCP) estimates and forecasts
Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 54.50% in revenue this quarter, and will report an increase of 42.90% in the next quarter. The year-over-year growth rate is expected to be -6.20%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 2.7M in revenue for the current quarter. 1 analysts expect Knightscope Inc to make 5M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 3.32M and 3.01M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -18.80%. Forecasts for the next quarter put sales growth at 65.90%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 23.96%.
KSCP Dividends
Knightscope Inc’s next quarterly earnings report is expected to be released in October.
Knightscope Inc (NASDAQ:KSCP)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.52% of Knightscope Inc shares, and 3.99% of them are in the hands of institutional investors. The stock currently has a share float of 4.09%. Knightscope Inc stock is held by 45.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 2.7013% of the shares, which is about 2.6 million shares worth $0.8 million.
GEODE CAPITAL MANAGEMENT, LLC, with 0.9799% or 0.94 million shares worth $0.29 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
