KONE Oyj (OTCMKTS:KNYJY) Short Interest Update

KONE Oyj (OTCMKTS:KNYJY) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 2,400 shares, a growth of 2,300.0% from the January 15th total of 100 shares. Based on an average daily trading volume, of 76,200 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada downgraded KONE Oyj from a “hold” rating to a “strong sell” rating in a research note on Monday, November 25th.

KONE Oyj Price Performance

Shares of KONE Oyj stock opened at $27.23 on Thursday. KONE Oyj has a one year low of $22.69 and a one year high of $30.12. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.89 and a current ratio of 1.06. The stock has a market cap of $24.68 billion, a P/E ratio of 27.51, a P/E/G ratio of 2.44 and a beta of 0.69. The stock’s fifty day moving average is $24.92 and its 200 day moving average is $26.25.

KONE Oyj (OTCMKTS:KNYJY) last issued its quarterly earnings results on Thursday, January 30th. The company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.04). KONE Oyj had a return on equity of 40.15% and a net margin of 8.57%. Sell-side analysts anticipate that KONE Oyj will post 1.06 earnings per share 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.