KONE Oyj (OTCMKTS:KNYJY) Short Interest Down 10.1% in September

KONE Oyj (OTCMKTS:KNYJY) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 10,700 shares, a decrease of 10.1% from the September 15th total of 11,900 shares. Based on an average trading volume of 21,400 shares, the short-interest ratio is presently 0.5 days.

KONE Oyj Trading Up 0.1 %

KNYJY stock opened at $27.90 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.98 and a quick ratio of 0.83. KONE Oyj has a 1-year low of $19.97 and a 1-year high of $30.12. The business has a 50 day simple moving average of $27.38 and a two-hundred day simple moving average of $25.86. The company has a market capitalization of $29.54 billion, a price-to-earnings ratio of 28.18, a PEG ratio of 2.96 and a beta of 0.69.

KONE Oyj (OTCMKTS:KNYJY) last issued its earnings results on Friday, July 19th. The company reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $3.02 billion during the quarter. KONE Oyj had a net margin of 8.97% and a return on equity of 39.49%. Research analysts anticipate that KONE Oyj will post 1.12 EPS for the current fiscal year.

About KONE Oyj

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.