KONE Oyj (OTCMKTS:KNYJY) Posts Earnings Results

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.04), Zacks reports. KONE Oyj had a net margin of 8.57% and a return on equity of 40.15%.

KONE Oyj Trading Down 1.4 %

Shares of KONE Oyj stock traded down $0.38 during trading on Monday, reaching $25.84. 22,525 shares of the stock were exchanged, compared to its average volume of 38,672. The company has a quick ratio of 0.89, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The stock's fifty day moving average is $24.90 and its 200 day moving average is $26.21. The firm has a market cap of $23.42 billion, a price-to-earnings ratio of 26.10, a price-to-earnings-growth ratio of 3.48 and a beta of 0.69. KONE Oyj has a 1 year low of $22.69 and a 1 year high of $30.12.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada lowered shares of KONE Oyj from a "hold" rating to a "strong sell" rating in a report on Monday, November 25th.

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.