KONE Oyj (OTCMKTS:KNYJY) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Shares of KONE Oyj (OTCMKTS:KNYJY) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $27.55 and traded as high as $28.23. KONE Oyj shares last traded at $28.08, with a volume of 15,881 shares traded.

KONE Oyj Price Performance

The business has a 50-day moving average of $27.64 and a 200 day moving average of $26.04. The company has a current ratio of 0.98, a quick ratio of 0.83 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $29.34 billion, a P/E ratio of 27.99, a price-to-earnings-growth ratio of 2.96 and a beta of 0.69.

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.