KONE Oyj (OTCMKTS:KNYJY - Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $28.45 and traded as low as $28.36. KONE Oyj shares last traded at $28.91, with a volume of 14,362 shares traded.
Wall Street Analysts Forecast Growth
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.
Get Our Latest Stock Analysis on KNYJY
KONE Oyj Stock Performance
The stock has a market capitalization of $27.93 billion, a P/E ratio of 31.12, a price-to-earnings-growth ratio of 2.70 and a beta of 0.74. The company has a current ratio of 1.13, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average price of $28.59 and a two-hundred day moving average price of $26.84.
KONE Oyj (OTCMKTS:KNYJY - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.22 earnings per share for the quarter, hitting analysts' consensus estimates of $0.22. The business had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.76 billion. KONE Oyj had a return on equity of 38.04% and a net margin of 8.57%. On average, equities analysts forecast that KONE Oyj will post 1.06 earnings per share for the current year.
KONE Oyj Increases Dividend
The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were given a dividend of $0.9388 per share. The ex-dividend date of this dividend was Friday, March 7th. This is an increase from KONE Oyj's previous dividend of $0.94. KONE Oyj's payout ratio is presently 41.00%.
About KONE Oyj
(
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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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