Kone Oyj (OTCMKTS:KNYJY) Issues Earnings Results

Key Points

• Kone Oyj reported a quarterly earnings per share (EPS) of $0.25 with a net margin of 8.69% and a return on equity of 39.38%.
• The company's stock price increased to $34.21, with a market capitalization of $31.01 billion, and a P/E ratio of 33.21.
• Kone Oyj operates in the elevator and escalator business, offering a range of products and innovative solutions, including KONE Office Flow and KONE Destination systems.

Kone Oyj (OTCMKTS:KNYJY - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.25 EPS for the quarter, Zacks reports. Kone Oyj had a net margin of 8.69% and a return on equity of 39.38%.

Kone Oyj Stock Performance

Shares of Kone Oyj stock traded up $1.34 during trading hours on Thursday, reaching $34.21. The company's stock had a trading volume of 213 shares, compared to its average volume of 34,980. The company's 50 day simple moving average is $32.57 and its 200 day simple moving average is $31.49. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.83 and a current ratio of 0.98. Kone Oyj has a one year low of $23.14 and a one year high of $34.21. The stock has a market cap of $31.01 billion, a P/E ratio of 33.21, a price-to-earnings-growth ratio of 2.99 and a beta of 0.67.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.