Kone Oyj (OTCMKTS:KNYJY) Sees Large Volume Increase - Still a Buy?

Key Points

• Kone Oyj shares experienced a significant trading volume increase of 543% on Wednesday, with 185,270 shares traded compared to 28,811 shares the previous session.
• The company reported a quarterly EPS of $0.30 and revenue of $3.23 billion, with a return on equity of 39.38% and a net margin of 8.69%.
• Kone Oyj specializes in the elevator and escalator business, providing a range of services including maintenance, modernization solutions, and integrated access control systems.

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY - Get Free Report) shares saw strong trading volume on Wednesday . 185,270 shares traded hands during mid-day trading, an increase of 543% from the previous session's volume of 28,811 shares.The stock last traded at $33.29 and had previously closed at $33.24.

Kone Oyj Trading Up 0.2%

The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.83 and a current ratio of 0.98. The firm has a market capitalization of $30.17 billion, a price-to-earnings ratio of 32.32, a P/E/G ratio of 2.95 and a beta of 0.63. The company has a 50 day moving average price of $31.80 and a two-hundred day moving average price of $30.82.

Kone Oyj (OTCMKTS:KNYJY - Get Free Report) last posted its quarterly earnings data on Friday, July 18th. The company reported $0.30 EPS for the quarter. The firm had revenue of $3.23 billion during the quarter. Kone Oyj had a return on equity of 39.38% and a net margin of 8.69%. On average, research analysts forecast that Kone Oyj Unsponsored ADR will post 1.06 EPS for the current 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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