KONE Oyj (OTCMKTS:KNYJY) Stock Passes Above Fifty Day Moving Average of $25.47

KONE Oyj (OTCMKTS:KNYJY)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $25.47 and traded as high as $26.78. KONE Oyj shares last traded at $26.68, with a volume of 12,079 shares trading hands.

KONE Oyj Stock Up 1.1 %

The company has a market cap of $28.25 billion, a price-to-earnings ratio of 26.95, a PEG ratio of 2.63 and a beta of 0.68. The business has a fifty day moving average of $25.47 and a two-hundred day moving average of $24.89. The company has a current ratio of 0.98, a quick ratio of 0.83 and a debt-to-equity ratio of 0.22.

KONE Oyj (OTCMKTS:KNYJY) last announced its earnings results on Friday, July 19th. The company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. KONE Oyj had a return on equity of 39.49% and a net margin of 8.97%. The business had revenue of $3.02 billion during the quarter. As a group, equities 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.