KONE Oyj (OTCMKTS:KNYJY) Short Interest Update

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

KONE Oyj Stock Performance

KONE Oyj stock traded up $0.27 during midday trading on Tuesday, hitting $28.51. The stock had a trading volume of 11,095 shares, compared to its average volume of 33,389. The company has a market capitalization of $30.19 billion, a PE ratio of 28.80, a P/E/G ratio of 2.96 and a beta of 0.69. KONE Oyj has a 52-week low of $19.97 and a 52-week high of $30.12. The firm’s fifty day moving average is $27.27 and its two-hundred day moving average is $25.81. 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 released its quarterly earnings data on Friday, July 19th. The company reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. KONE Oyj had a return on equity of 39.49% and a net margin of 8.97%. The firm had revenue of $3.02 billion during the quarter. On average, research analysts forecast that KONE Oyj will post 1.12 EPS for the current 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.