Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Stock Now Rated “Hold” by Sell-Side Brokerages

Shares of Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) have been assigned an average recommendation of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company.

Separately, Zacks Research lowered shares of Kone Oyj from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 22nd.

Kone Oyj Price Performance

Shares of KNYJY opened at $32.63 on Tuesday. The firm has a market capitalization of $29.57 billion, a price-to-earnings ratio of 29.40, a PEG ratio of 2.12 and a beta of 0.61. The firm’s fifty day simple moving average is $30.00 and its 200-day simple moving average is $31.08. Kone Oyj has a twelve month low of $26.52 and a twelve month high of $38.29. The company has a current ratio of 0.99, a quick ratio of 0.83 and a debt-to-equity ratio of 0.23.

Kone Oyj (OTCMKTS:KNYJY) last posted its earnings results on Wednesday, October 28th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). The business had revenue of $3.34 billion during the quarter, compared to analysts’ expectations of $3.23 billion. Kone Oyj had a net margin of 8.61% and a return on equity of 41.07%. Equities analysts forecast that Kone Oyj will post 1.19 EPS for the current fiscal year.

Kone Oyj Company Profile