Wall Street Analyst Initiated Knightscope Inc [KSCP]. What else is Wall St. saying

Knightscope Inc [NASDAQ: KSCP] stock went on a downward path that fall over -4.92% on Tuesday, amounting to a one-week price decrease of less than -25.41%.

Over the last 12 months, KSCP stock dropped by -81.14%. The one-year Knightscope Inc stock forecast points to a potential upside of 93.87. The average equity rating for KSCP stock is currently 1.00, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $29.64 million, with 130.98 million shares outstanding and 112.58 million shares in the current float. Compared to the average trading volume of 1.98M shares, KSCP stock reached a trading volume of 4817697 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Knightscope Inc [KSCP]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KSCP shares is $3.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KSCP stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Ascendiant Capital Markets have made an estimate for Knightscope Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 23, 2023.

The Average True Range (ATR) for Knightscope Inc is set at 0.03, with the Price to Sales ratio for KSCP stock in the period of the last 12 months amounting to 2.44.

KSCP Stock Performance Analysis:

Knightscope Inc [KSCP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -25.41. With this latest performance, KSCP shares dropped by -7.63% in over the last four-week period, additionally sinking by -56.69% over the last 6 months – not to mention a drop of -81.14% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KSCP stock in for the last two-week period is set at 36.25, with the RSI for the last a single of trading hit 32.71, and the three-weeks RSI is set at 37.75 for Knightscope Inc [KSCP]. The present Moving Average for the last 50 days of trading for this stock 0.3058, while it was recorded at 0.2556 for the last single week of trading, and 0.5159 for the last 200 days.

Insight into Knightscope Inc Fundamentals:

Knightscope Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.08 and a Current Ratio set at 1.53.

Knightscope Inc [KSCP] Institutonal Ownership Details

The top three institutional holders of KSCP stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in KSCP stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in KSCP stock with ownership which is approximately 5.1238%.