Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Short Interest Update

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 25,241 shares, a growth of 142.1% from the August 15th total of 10,426 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 44,400 shares, the days-to-cover ratio is presently 0.6 days.

Analyst Ratings Changes

Several equities analysts have recently commented on KNYJY shares. Zacks Research downgraded shares of Kone Oyj from a “hold” rating to a “strong sell” rating in a research note on Friday, July 24th. Kepler Capital Markets upgraded Kone Oyj from a “hold” rating to a “buy” rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

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Kone Oyj Price Performance

Shares of Kone Oyj stock opened at $28.85 on Tuesday. Kone Oyj has a 52-week low of $26.52 and a 52-week high of $38.29. The company has a 50-day simple moving average of $28.98 and a two-hundred day simple moving average of $30.42. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.83 and a current ratio of 0.99. The stock has a market capitalization of $26.15 billion, a PE ratio of 27.22, a price-to-earnings-growth ratio of 1.69 and a beta of 0.65.

Kone Oyj (OTCMKTS:KNYJY – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). The company had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Kone Oyj had a net margin of 8.33% and a return on equity of 38.87%. On average, analysts anticipate that Kone Oyj will post 1.2 EPS for the current fiscal year.

About Kone Oyj

(Get Free Report)

Kone Oyj is a Finland-based company that develops, manufactures, sells and services elevators, escalators and automatic building doors. Its solutions are used in residential, commercial and public buildings to support the movement of people and goods, and include equipment, control systems, access solutions and related digital services.

The company also provides maintenance, modernization and replacement services for its own equipment and products from other manufacturers. These services are intended to improve the safety, reliability, energy efficiency and performance of elevators, escalators and building-access systems throughout their operating lives.

Founded in 1910, Kone has grown into an international provider serving customers across Europe, Asia-Pacific, the Middle East, Africa and the Americas.

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