KONE Oyj (OTCMKTS:KNYJY - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $30.06 and traded as high as $31.89. KONE Oyj shares last traded at $31.74, with a volume of 12,484 shares trading hands.
Analysts Set New Price Targets
Separately, Kepler Capital Markets lowered shares of KONE Oyj from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 17th.
Check Out Our Latest Stock Report on KNYJY
KONE Oyj Stock Down 1.1%
The business's fifty day moving average price is $30.33 and its 200 day moving average price is $27.77. The firm has a market capitalization of $29.21 billion, a price-to-earnings ratio of 32.56, a PEG ratio of 2.70 and a beta of 0.69. The company has a current ratio of 1.13, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24.
KONE Oyj (OTCMKTS:KNYJY - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.22 EPS for the quarter, meeting analysts' consensus estimates of $0.22. KONE Oyj had a net margin of 8.57% and a return on equity of 38.04%. The business had revenue of $2.81 billion for the quarter, compared to analysts' expectations of $2.76 billion. On average, equities analysts expect that KONE Oyj will post 1.06 EPS for the current year.
About KONE Oyj
(
Get Free Report)
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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