Ascendiant Capital Markets lifts Knightscope Inc [KSCP] price estimate. Who else is bullish?

Knightscope Inc [NASDAQ: KSCP] loss -9.42% or -0.03 points to close at $0.24 with a heavy trading volume of 2470475 shares.

The daily chart for KSCP points out that the company has recorded -53.54% loss over the past six months.

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If we look at the average trading volume of 2.64M shares, KSCP reached to a volume of 2470475 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 3.14. The Price to Book ratio for the last quarter was 2.90, with the Price to Cash per share for the same quarter was set at 0.02.

Trading performance analysis for KSCP stock

Knightscope Inc [KSCP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.50. With this latest performance, KSCP shares gained by 1.17% in over the last four-week period, additionally sinking by -53.54% over the last 6 months – not to mention a drop of -78.93% 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 48.94, with the RSI for the last a single of trading hit 47.82, and the three-weeks RSI is set at 48.22 for Knightscope Inc [KSCP]. The present Moving Average for the last 50 days of trading for this stock 0.2489, while it was recorded at 0.2644 for the last single week of trading, and 0.4417 for the last 200 days.

Knightscope Inc [KSCP]: A deeper dive into fundamental analysis

Knightscope Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.84 and a Current Ratio set at 1.21.

Knightscope Inc [KSCP]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Knightscope Inc posted -0.11/share EPS, while the average EPS was predicted by analysts to be reported at -0.09/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KSCP.

An analysis of Institutional ownership at Knightscope Inc [KSCP]

There are presently around $3.99%, or 4.09%% of KSCP stock, in the hands of institutional investors. The top three institutional holders of KSCP stocks are: VANGUARD GROUP INC with ownership of 2.6 million shares, which is approximately 2.7013%. GEODE CAPITAL MANAGEMENT, LLC, holding 0.94 million shares of the stock with an approximate value of $$0.29 million in KSCP stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$67243.0 in KSCP stock with ownership which is approximately 0.2274%.

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