KONE Oyj (OTCMKTS:KNYJY) Short Interest Update

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 49,600 shares, an increase of 1,737.0% from the March 31st total of 2,700 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 100,500 shares, the short-interest ratio is currently 0.5 days.

Analyst Ratings Changes

Separately, Kepler Capital Markets downgraded shares of KONE Oyj from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 17th.

KONE Oyj Stock Up 7.3 %

OTCMKTS:KNYJY traded up $2.10 during midday trading on Wednesday, reaching $30.93. The company had a trading volume of 18,002 shares, compared to its average volume of 33,146. KONE Oyj has a 12-month low of $23.14 and a 12-month high of $30.95. The firm has a market capitalization of $28.03 billion, a price-to-earnings ratio of 31.24, a PEG 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 stock's fifty day simple moving average is $28.46 and its 200-day simple moving average is $26.78.

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.01. KONE Oyj had a return on equity of 38.04% and a net margin of 8.57%. On average, sell-side analysts anticipate that KONE Oyj will post 1.06 earnings per share for the current fiscal year.

KONE Oyj Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were paid a $0.9388 dividend. This is a positive change from KONE Oyj's previous dividend of $0.94. The ex-dividend date of this dividend was Friday, March 7th. KONE Oyj's dividend payout ratio is currently 41.41%.

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.