KONE Oyj (OTCMKTS:KNYJY) Short Interest Update

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 2,400 shares, an increase of 2,300.0% from the January 15th total of 100 shares. Based on an average trading volume of 76,200 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

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

KONE Oyj Trading Up 0.1 %

Shares of KONE Oyj stock traded up $0.03 during midday trading on Friday, reaching $27.63. 19,954 shares of the company's stock traded hands, compared to its average volume of 41,191. KONE Oyj has a 12 month low of $22.69 and a 12 month high of $30.12. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.89 and a current ratio of 1.06. The stock has a 50 day moving average of $24.98 and a 200-day moving average of $26.28. The company has a market cap of $25.04 billion, a PE ratio of 26.06, a price-to-earnings-growth ratio of 2.44 and a beta of 0.69.

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.29 by ($0.04). KONE Oyj had a return on equity of 40.15% and a net margin of 8.57%. As a group, equities analysts expect that KONE Oyj will post 1.06 EPS for the current fiscal year.

KONE Oyj Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be issued a $0.9388 dividend. The ex-dividend date of this dividend is Friday, March 7th. This is a positive change from KONE Oyj's previous dividend of $0.94. KONE Oyj's dividend payout ratio (DPR) is 57.58%.

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.