KONE Oyj (OTCMKTS:KNYJY) Short Interest Up 300.0% in March

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 4,400 shares, a growth of 300.0% from the March 15th total of 1,100 shares. Based on an average daily trading volume, of 42,400 shares, the days-to-cover ratio is presently 0.1 days.

KONE Oyj Stock Up 1.0 %

Shares of KNYJY traded up $0.24 during mid-day trading on Wednesday, hitting $23.65. 21,577 shares of the company's stock were exchanged, compared to its average volume of 51,476. The company has a market cap of $25.04 billion, a price-to-earnings ratio of 24.13, a P/E/G ratio of 2.16 and a beta of 0.72. KONE Oyj has a fifty-two week low of $19.97 and a fifty-two week high of $29.19. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.97 and a current ratio of 1.13. The stock's 50-day moving average is $24.04 and its 200-day moving average is $23.10.

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) last issued its quarterly earnings results on Friday, January 26th. The company reported $0.29 earnings per share (EPS) for the quarter. The business had revenue of $3.03 billion for the quarter. KONE Oyj had a net margin of 8.45% and a return on equity of 38.33%. On average, sell-side analysts anticipate that KONE Oyj will post 1.11 earnings per share for the current fiscal year.

KONE Oyj Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 26th. Stockholders of record on Monday, March 4th were given a dividend of $0.9374 per share. The ex-dividend date was Friday, March 1st. This is a boost from KONE Oyj's previous dividend of $0.57. KONE Oyj's dividend payout ratio is currently 58.76%.

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.

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