KONE Oyj (OTCMKTS:KNYJY) Short Interest Up 214.1% in March

KONE Oyj (OTCMKTS:KNYJY) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 28,900 shares, a growth of 214.1% from the February 28th total of 9,200 shares. Based on an average daily trading volume, of 45,900 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the company’s shares are sold short.

KONE Oyj Trading Down 1.8 %

OTCMKTS:KNYJY traded down $0.50 during midday trading on Thursday, hitting $28.07. The stock had a trading volume of 30,167 shares, compared to its average volume of 30,757. The company has a quick ratio of 0.89, a current ratio of 1.13 and a debt-to-equity ratio of 0.24. The stock has a 50-day moving average of $27.40 and a 200 day moving average of $26.83. The company has a market capitalization of $25.44 billion, a price-to-earnings ratio of 28.35, a PEG ratio of 2.70 and a beta of 0.67. KONE Oyj has a one year low of $22.69 and a one year high of $30.12.

KONE Oyj (OTCMKTS:KNYJY) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.04). KONE Oyj had a net margin of 8.57% and a return on equity of 38.04%. As a group, sell-side analysts forecast that KONE Oyj will post 1.06 EPS for the current year.

KONE Oyj Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be given a $0.9388 dividend. This is a positive change from KONE Oyj’s previous dividend of $0.94. The ex-dividend date is Friday, March 7th. KONE Oyj’s payout ratio is presently 41.41%.

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.