KONE Oyj (OTCMKTS:KNYJY) Short Interest Up 21.5% in August

KONE Oyj (OTCMKTS:KNYJY) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 20,900 shares, a growth of 21.5% from the July 31st total of 17,200 shares. Based on an average trading volume of 54,400 shares, the short-interest ratio is presently 0.4 days.

KONE Oyj Stock Performance

Shares of OTCMKTS KNYJY traded up $0.28 during midday trading on Friday, hitting $26.96. 19,233 shares of the company’s stock traded hands, compared to its average volume of 22,759. KONE Oyj has a 1 year low of $19.97 and a 1 year high of $27.80. The stock has a market capitalization of $28.54 billion, a price-to-earnings ratio of 27.23, a price-to-earnings-growth ratio of 2.81 and a beta of 0.68. 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 fifty day moving average of $25.51 and a 200 day moving average of $24.92.

KONE Oyj (OTCMKTS:KNYJY) last released its quarterly earnings results on Friday, July 19th. The company reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. KONE Oyj had a net margin of 8.97% and a return on equity of 39.49%. The firm had revenue of $3.02 billion during the quarter. On average, analysts forecast that KONE Oyj will post 1.12 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.