Knightscope Inc. (NASDAQ:KSCP) finished Thursday with an addition of $0.16 to close at $1.42, an upside of 12.70 percent. An average of 2,782,980 shares of common stock have been traded in the last five days. There was a gain of $0.1200 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 6,711,050 shares traded, while the 50-day average volume stands at 5,888,998.
KSCP stock has decreased by -8.97% in the last month. The company shares reached their 1-month lowest point of $0.8755 on 07/11/23. With the stock rallying to its 52-week high on 07/17/23, shares of the company touched a low of $0.36 and a high of $3.87 in 52 weeks. It has reached a new high 6 times so far this year and lost -24.87% or -$0.4700 in price. In spite of this, the price is down -63.31% from the 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
Insider Transactions
KSCP stock investors should be aware that Knightscope Inc. (KSCP) stock had its last reported insider trading activity 70 days ago on Jun 02.
Valuation Metrics
Knightscope Inc. (KSCP) stock’s beta is 2.30. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 11.42.
Financial Health
The quick ratio of Knightscope Inc. for the recent quarter was 0.60, and the current ratio was 0.90, indicating that the company is not able to meet its debt obligations. Knightscope Inc.’s EBITDA margin is -537.35%. Its gross profit as reported stood at -$3.32 million compared to revenue of $5.63 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Knightscope Inc.’s return on assets was -87.20%.
Earnings Surprise
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$5.24 million in the quarter, while revenues were grew 3.05%. Shareholders own equity worth $43.92 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Knightscope Inc. (KSCP) price momentum. RSI 9-day as of the close on 10 August was 54.81%, suggesting the stock is Neutral, with historical volatility in this time frame at 125.13%.
As of today, KSCP’s price is $1.2620 +9.23% or $0.1200 from its 5-day moving average. KSCP is currently trading -9.55% lower than its 20-day SMA and +108.82% higher than its 100-day SMA. However, the stock’s current price level is +255.00% above the SMA50 and -48.36% below the SMA200.
The stochastic %K and %D were 35.09% and 22.82%, respectively, and the average true range (ATR) was 0.2265. With the 14-day stochastic at 50.00% and the average true range at 0.2291, the RSI (14) stands at 55.22%. The stock has reached -0.0156 on the 9-day MACD Oscillator while the 14-day reading was at -0.0983.
Analyst Ratings
Ascendiant Capital Markets launched coverage on Knightscope Inc. (NASDAQ: KSCP) in its analyst report released on June 23, 2023. The firm assigned the stock a Buy rating.
