Knightscope Inc (NASDAQ:KSCP) Jumps 3.27%, But Additional Rally May Be Imminent

In last trading session, Knightscope Inc (NASDAQ:KSCP) saw 0.31 million shares changing hands with its beta currently measuring 1.63. Company’s recent per share price level of $24.60 trading at $0.78 or 3.27% at ring of the bell on the day assigns it a market valuation of $75.18M. That closing price of KSCP’s stock is at a discount of -66.67% from its 52-week high price of $41.00 and is indicating a premium of 80.12% from its 52-week low price of $4.89. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.24 million shares which gives us an average trading volume of 218.80K if we extend that period to 3-months.

Knightscope Inc (NASDAQ:KSCP) trade information

Upright in the green during last session for gaining 3.27%, in the last five days KSCP remained trading in the green while hitting it’s week-highest on Friday, 11/08/24 when the stock touched $24.60 price level, adding 2.96% to its value on the day. Knightscope Inc’s shares saw a change of -18.00% in year-to-date performance and have moved 33.19% in past 5-day. Knightscope Inc (NASDAQ:KSCP) showed a performance of 267.16% in past 30-days. Number of shares sold short was 0.36 million shares which calculate 1.52 days to cover the short interests.

Knightscope Inc (KSCP) estimates and forecasts

This year revenue growth is estimated to fall -6.20% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.7M for the same. And 1 analysts are in estimates of company making revenue of 5M in the next quarter. Company posted 3.32M and 3.01M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 23.97% during past 5 years.

Knightscope Inc (NASDAQ:KSCP)’s Major holders

Insiders are in possession of 2.52% of company’s total shares while institution are holding 3.55 percent of that, with stock having share float percentage of 3.64%. Investors also watch the number of corporate investors in a company very closely, which is 3.55% institutions for Knightscope Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at KSCP for having 2.6 million shares of worth $0.8 million. And as of 2024-06-30, it was holding 2.7013 of the company’s outstanding shares.

The second largest institutional holder is GEODE CAPITAL MANAGEMENT, LLC, which was holding about 0.94 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.9799 of outstanding shares, having a total worth of $0.29 million.