KONE Oyj (OTCMKTS:KNYJY) Hits New 12-Month High - Still a Buy?

Shares of KONE Oyj (OTCMKTS:KNYJY - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $30.19 and last traded at $28.98, with a volume of 20113 shares changing hands. The stock had previously closed at $29.34.

Analysts Set New Price Targets

Separately, Kepler Capital Markets cut shares of KONE Oyj from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 17th.

KONE Oyj Stock Down 0.6 %

The company has a 50-day moving average of $28.42 and a two-hundred day moving average of $26.78. 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 company has a market capitalization of $26.37 billion, a P/E ratio of 29.39, a price-to-earnings-growth ratio of 2.70 and a beta of 0.74.

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.29 by ($0.04). KONE Oyj had a return on equity of 38.04% and a net margin of 8.57%. On average, research analysts predict that KONE Oyj will post 1.06 EPS for the current year.

KONE Oyj Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were paid a dividend of $0.9388 per share. This is a boost from KONE Oyj's previous dividend of $0.94. The ex-dividend date of this dividend was Friday, March 7th. KONE Oyj's payout ratio is presently 41.41%.

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.