Kone Oyj (OTCMKTS:KNYJY) Shares Gap Down - Should You Sell?

Key Points

• Kone Oyj's stock experienced a **gap down** from $33.99 to $32.96 before opening on Monday, reflecting a **3.4% decline** in trading.
• The company reported **$3.23 billion** in revenue for the last quarter and an **earnings per share (EPS)** of **$0.30**, with analysts predicting a full-year EPS of **$1.06**.
• Kone Oyj operates globally in the **elevator and escalator business**, providing various services including maintenance, modernization, and integrated access control systems.

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $33.99, but opened at $32.96. Kone Oyj shares last traded at $32.97, with a volume of 483 shares traded.

Kone Oyj Trading Down 3.4%

The firm's 50-day simple moving average is $32.06 and its 200 day simple moving average is $31.08. 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 $29.77 billion, a price-to-earnings ratio of 31.88, a P/E/G ratio of 3.01 and a beta of 0.67.

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