Knightscope Inc (NASDAQ:KSCP) shares, rose in value, with the stock price down by -4.46% to the previous day’s close as strong demand from buyers drove the stock to $0.46.
Actively observing the price movement in the last trading, the stock closed the session at $0.48. Referring to stock’s 52-week performance, its high was $2.24, and the low was $0.36. On the whole, KSCP has fluctuated by -24.76% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 18M, with a low estimate of 3.7M and a high estimate of 3.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.7M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KSCP’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of KSCP currently trading nearly -10.85% and -7.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.73, while the 7-day volatility ratio is showing 9.57% which for the 30-day chart, stands at 11.25%. Furthermore, Knightscope Inc (KSCP)’s beta value is 2.03, and its average true range (ATR) is 0.05.
A comparison of Knightscope Inc (KSCP) with its peers suggests the former has fared considerably weaker in the market. KSCP showed an intraday change of -4.46% in last session, and over the past year, it shrunk by -24.95%%.
Data on historical trading for Knightscope Inc (NASDAQ:KSCP) indicates that the trading volumes over the past 3 months, they’ve averaged 1.58 million. According to company’s latest data on outstanding shares, there are 102.67 million shares outstanding.
Nearly 12.17% of Knightscope Inc’s shares belong to company insiders and institutional investors own 4.51% of the company’s shares. The stock has fallen by -23.88% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KSCP stock heading into the next quarter.
