Is Knightscope Inc (NASDAQ: KSCP) Stock Set To Rise More?

In the last trading session, 2.96 million Knightscope Inc (NASDAQ:KSCP) shares changed hands as the company’s beta touched 1.93. With the company’s per share price at $13.25 changed hands at $2.15 or 19.37% during last session, the market valuation stood at $40.55M. KSCP’s last price was a discount, traded about -258.49% off its 52-week high of $47.50. The share price had its 52-week low at $4.89, which suggests the last value was 63.09% up since then. When we look at Knightscope Inc’s average trading volume, we note the 10-day average is 0.49 million shares, with the 3-month average coming to 130.25K.

Knightscope Inc (NASDAQ:KSCP) trade information

Instantly KSCP was in green as seen at the end of in last trading. With action 92.03%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -55.83%, with the 5-day performance at 92.03% in the green. However, in the 30-day time frame, Knightscope Inc (NASDAQ:KSCP) is 157.78% up. Looking at the short shares, we see there were 0.37 million shares sold at short interest cover period of 1.99 days.

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Knightscope Inc (KSCP) estimates and forecasts

Year-over-year growth is forecast to reach -6.20% down from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 2.7M. 1 analysts are of the opinion that Knightscope Inc’s revenue for the current quarter will be 5M. The company’s revenue for the corresponding quarters a year ago was 3.32M and 3.01M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -18.80%. The estimates for the next quarter sales put growth at 65.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 23.97%.

KSCP Dividends

Knightscope Inc is expected to release its next quarterly earnings report in November.

Knightscope Inc (NASDAQ:KSCP)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 2.52% of Knightscope Inc shares while 3.82% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.91%. There are 3.82% institutions holding the Knightscope Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 2.7013% of the shares, roughly 2.6 million KSCP shares worth $0.8 million.

GEODE CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 0.9799% or 0.94 million shares worth $0.29 million as of 2024-06-30.