KONE Oyj (OTCMKTS:KNYJY) Short Interest Update

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 13,000 shares, a decrease of 16.1% from the April 30th total of 15,500 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 45,000 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Kepler Capital Markets cut KONE Oyj from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 17th.

KONE Oyj Stock Performance

KONE Oyj stock traded up $0.42 during mid-day trading on Thursday, reaching $31.27. 14,354 shares of the company's stock were exchanged, compared to its average volume of 31,953. The firm has a market capitalization of $28.34 billion, a PE ratio of 31.58, a P/E/G ratio of 2.70 and a beta of 0.73. KONE Oyj has a one year low of $23.14 and a one year high of $32.35. The company has a quick ratio of 0.89, a current ratio of 1.13 and a debt-to-equity ratio of 0.24. The business's fifty day simple moving average is $29.63 and its 200 day simple moving average is $27.46.

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. KONE Oyj had a net margin of 8.57% and a return on equity of 38.04%. The company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.76 billion. On average, sell-side analysts expect that KONE Oyj will post 1.06 earnings per share for the current year.

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.