why Knightscope Inc [KSCP] is a Good Choice for Investors After New Price Target of $3.75

Knightscope Inc [NASDAQ: KSCP] surged by $0.1 during the normal trading session on while it closed the day at $0.29.

Knightscope Inc stock has also gained 55.54% of its value over the past 7 days. However, KSCP stock has declined by -31.30% in the 3 months of the year. Over the past six months meanwhile, it has lost -44.74% and lost -51.83% year-on date.

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The market cap for KSCP stock reached $37.85 million, with 130.98 million shares outstanding and 112.63 million shares in the current float. Compared to the average trading volume of 2.29M shares, KSCP reached a trading volume of 12469293 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 3.12.

KSCP stock trade performance evaluation

Knightscope Inc [KSCP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 55.54. With this latest performance, KSCP shares dropped by -4.75% in over the last four-week period, additionally sinking by -44.74% over the last 6 months – not to mention a drop of -79.50% 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 63.64, with the RSI for the last a single of trading hit 73.49, and the three-weeks RSI is set at 56.86 for Knightscope Inc [KSCP]. The present Moving Average for the last 50 days of trading for this stock 0.2595, while it was recorded at 0.2085 for the last single week of trading, and 0.4640 for the last 200 days.

Knightscope Inc [KSCP]: An insightful look at the core 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]: Institutional Ownership

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%.