Kone Oyj (OTCMKTS:KNYJY) Shares Cross Above 50 Day Moving Average - Time to Sell?

Shares of Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $31.91 and traded as high as $32.67. Kone Oyj shares last traded at $32.67, with a volume of 15,671 shares.

Analyst Ratings Changes

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

Kone Oyj Stock Down 1.6%

The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 0.24. The firm has a market cap of $29.14 billion, a P/E ratio of 31.22, a price-to-earnings-growth ratio of 2.86 and a beta of 0.70. The firm's 50 day moving average is $31.91 and its two-hundred day moving average is $29.11.

Kone Oyj (OTCMKTS:KNYJY - Get Free Report) last announced its quarterly earnings results on Friday, July 18th. The company reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $3.23 billion during the quarter. Kone Oyj had a net margin of 8.69% and a return on equity of 35.52%. As a group, research analysts anticipate that Kone Oyj Unsponsored ADR will post 1.06 EPS 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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