Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Short Interest Update

Key Points

• Kone Oyj experienced a significant reduction in short interest, dropping to 7,100 shares as of July 31st, marking a 55.3% decrease from the previous total of 15,900 shares.
• The company's stock is currently priced at $30.65 with a market cap of $27.78 billion, and a price-to-earnings ratio of 29.76.
• Kone Oyj reported earnings of $0.30 per share for the latest quarter, alongside revenues of $3.23 billion.

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY - Get Free Report) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 7,100 shares, adeclineof55.3% from the July 15th total of 15,900 shares. Based on an average trading volume of 39,200 shares, the short-interest ratio is presently 0.2 days. Currently,0.0% of the company's shares are short sold. Currently,0.0% of the company's shares are short sold. Based on an average trading volume of 39,200 shares, the short-interest ratio is presently 0.2 days.

Kone Oyj Trading Up 1.7%

Shares of OTCMKTS KNYJY traded up $0.5380 during trading on Friday, hitting $31.5780. 20,070 shares of the company were exchanged, compared to its average volume of 28,229. The firm has a market capitalization of $28.62 billion, a PE ratio of 30.66, a P/E/G ratio of 2.77 and a beta of 0.66. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.83 and a current ratio of 0.98. Kone Oyj has a 12-month low of $23.1350 and a 12-month high of $33.05. The company has a fifty day moving average price of $31.74 and a 200-day moving average price of $30.07.

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