Shares of Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $31.50 and traded as high as $32.75. Kone Oyj shares last traded at $32.59, with a volume of 9,771 shares trading hands.
Analysts Set New Price Targets
Separately, Kepler Capital Markets cut 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 Kone Oyj
Kone Oyj Price Performance
The business's 50 day moving average is $31.50 and its 200-day moving average is $28.49. The firm has a market capitalization of $29.12 billion, a P/E ratio of 32.13, a PEG ratio of 2.36 and a beta of 0.70. The company has a quick ratio of 0.97, a current ratio of 1.13 and a debt-to-equity ratio of 0.24.
Kone Oyj (OTCMKTS:KNYJY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.22 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.22. The business had revenue of $2.81 billion for the quarter, compared to analysts' expectations of $2.76 billion. Kone Oyj had a net margin of 8.58% and a return on equity of 36.24%. As a group, sell-side analysts predict that Kone Oyj Unsponsored ADR will post 1.06 EPS for the current fiscal year.
Kone Oyj Company Profile
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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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