Kone Oyj (OTCMKTS:KNYJY) Hits New 52-Week High - Here's What Happened

Key Points

• Kone Oyj shares reached a new 52-week high of $33.97 during trading, closing at $33.72 with a volume of 124,323 shares.
• The company reported $0.30 earnings per share (EPS) and $3.23 billion in revenue for the last quarter, with analysts predicting an EPS of 1.06 for the current fiscal year.
• Kone Oyj operates in the elevator and escalator industry, offering a range of products and services including maintenance and modernisation solutions.

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY - Get Free Report)'s share price hit a new 52-week high during trading on Friday . The company traded as high as $33.97 and last traded at $33.72, with a volume of 124323 shares. The stock had previously closed at $33.21.

Kone Oyj Trading Up 1.3%

The business has a 50 day moving average of $31.84 and a 200 day moving average of $30.86. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.98 and a quick ratio of 0.83. The firm has a market capitalization of $30.49 billion, a price-to-earnings ratio of 32.66, a PEG ratio of 2.94 and a beta of 0.63.

Kone Oyj (OTCMKTS:KNYJY - Get Free Report) last released its earnings results on Friday, July 18th. The company reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $3.23 billion for the quarter. Kone Oyj had a return on equity of 39.38% and a net margin of 8.69%. As a group, research analysts predict that Kone Oyj Unsponsored ADR will post 1.06 earnings per share for the current fiscal year.

Kone Oyj Company Profile

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.

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