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

Key Points

• Kone Oyj (OTCMKTS:KNYJY) experienced a significant decline in short interest, dropping to 600 shares as of August 15th, down 91.5% from 7,100 shares in July.
• The company's shares traded down 0.1% to $31.35, with a market capitalization of $28.41 billion and a P/E ratio of 30.44.
• Kone Oyj reported $0.30 earnings per share and $3.23 billion in revenue for the latest quarter, with analysts projecting an EPS of 1.06 for the current year.

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY - Get Free Report) saw a large decline in short interest in August. As of August 15th, there was short interest totaling 600 shares, adeclineof91.5% from the July 31st total of 7,100 shares. Based on an average trading volume of 50,800 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 50,800 shares, the days-to-cover ratio is presently 0.0 days.

Kone Oyj Stock Down 0.1%

Shares of KNYJY traded down $0.04 during midday trading on Tuesday, hitting $31.35. The company had a trading volume of 20,499 shares, compared to its average volume of 27,944. The company's 50-day simple moving average is $31.63 and its 200-day simple moving average is $30.36. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.83 and a current ratio of 0.98. The firm has a market capitalization of $28.41 billion, a P/E ratio of 30.44, a P/E/G ratio of 2.78 and a beta of 0.63. Kone Oyj has a 1 year low of $23.14 and a 1 year high of $33.05.

Kone Oyj (OTCMKTS:KNYJY - Get Free Report) last posted its earnings results on Friday, July 18th. The company reported $0.30 earnings per share for the quarter. The firm 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, sell-side analysts expect that Kone Oyj will post 1.06 EPS for the current year.

About Kone Oyj

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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