KONE Oyj (OTCMKTS:KNYJY) Sets New 12-Month High - Should You Buy?

KONE Oyj (OTCMKTS:KNYJY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $30.19 and last traded at $28.98, with a volume of 20113 shares traded. The stock had previously closed at $29.34.

Analysts Set New Price Targets

Separately, Kepler Capital Markets lowered shares of KONE Oyj from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 17th.

KONE Oyj Stock Performance

The stock has a fifty day simple moving average of $28.44 and a two-hundred day simple moving average of $26.77. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.13. The stock has a market capitalization of $26.17 billion, a price-to-earnings ratio of 29.17, a P/E/G ratio of 2.70 and a beta of 0.74.

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) last announced its earnings results on Thursday, January 30th. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.04). KONE Oyj had a net margin of 8.57% and a return on equity of 38.04%. Analysts forecast that KONE Oyj will post 1.06 earnings per share for the current fiscal year.

KONE Oyj Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 7th were given a dividend of $0.9388 per share. This is an increase from KONE Oyj's previous dividend of $0.94. The ex-dividend date was Friday, March 7th. KONE Oyj's dividend payout ratio (DPR) is 41.41%.

About KONE Oyj

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, and automatic building doors. It offers maintenance services; and modernization solutions. In addition, the company offers KONE Office Flow, a connected solution that allows for personalized user experiences and touch-free access; health and well-being solutions for elevators, escalators, and doors; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators.