Knightscope Inc (NASDAQ: KSCP) Share Price Rose Recently, Although Trouble Is Still On The Horizon

Knightscope Inc (NASDAQ:KSCP) traded at $0.45 at close of the session on Monday, April 29, made an upward move of 0.36% on its previous day’s price.

Looking at the stock we see that its previous close was $0.44. In terms of its 52-week price range, KSCP has a high of $2.24 and a low of $0.36. The company’s stock has lost about -10.68% over that past 30 days.

Knightscope Inc has a market cap of $45.85 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.06, with the EPS growth for the year raised at -$0.23 for 2024 and $0 for next year.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $3.7 million, with a low of $3.7 million and a high of $3.7 million. The median projection represents growth squeezing down to 27.70% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $18 million, or 40.70% up from figures reported last year.

On the other hand, looking at the outlook for the KSCP stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Looking further, we note the current price level is -11.54% off its SMA20 and -9.47% from its 50-day simple moving average. The RSI (14) is pointing at 42.47 while the volatility over the past week is 8.72% and jumps to 10.46% over the past one month. The beta value is 2.07, while the average true range (ATR) is currently pointing at 0.05.

Coming back to Knightscope Inc (NASDAQ:KSCP), we note that the average 3-month trading volume was 1.56 million. Current shares outstanding are 102.67 million.

The insiders hold 12.17% of the company’s shares while institutions hold 4.51%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -25.57% down in year-to-date price movement.

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