KONE Oyj (OTCMKTS:KNYJY) Short Interest Update

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

Analyst Upgrades and Downgrades

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

KONE Oyj Stock Up 1.9 %

KNYJY stock opened at $27.23 on Thursday. KONE Oyj has a fifty-two week low of $22.69 and a fifty-two week high of $30.12. The business’s 50 day moving average price is $24.92 and its two-hundred day moving average price is $26.25. 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 company has a market capitalization of $24.68 billion, a price-to-earnings ratio of 27.51, a price-to-earnings-growth ratio of 2.44 and a beta of 0.69.

KONE Oyj (OTCMKTS:KNYJY) last posted its earnings results on Thursday, January 30th. The company reported $0.25 earnings per share 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%. As a group, analysts forecast that KONE Oyj will post 1.06 earnings per share for the current fiscal 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.