KONE Oyj (OTCMKTS:KNYJY - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $26.50 and traded as high as $29.27. KONE Oyj shares last traded at $29.27, with a volume of 17,477 shares trading hands.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada cut shares of KONE Oyj from a "hold" rating to a "strong sell" rating in a research report on Monday, November 25th.
Check Out Our Latest Analysis on KONE Oyj
KONE Oyj Stock Performance
The company's 50-day moving average is $26.69 and its two-hundred day moving average is $26.74. The company has a current ratio of 1.13, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24. The firm has a market cap of $26.66 billion, a P/E ratio of 29.71, a PEG ratio of 2.70 and a beta of 0.67.
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 the consensus estimate of $0.29 by ($0.04). KONE Oyj had a return on equity of 38.04% and a net margin of 8.57%. As a group, equities analysts predict that KONE Oyj will post 1.06 EPS for the current fiscal year.
KONE Oyj Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be given a dividend of $0.9388 per share. The ex-dividend date is Friday, March 7th. This is a boost from KONE Oyj's previous dividend of $0.94. KONE Oyj's dividend payout ratio (DPR) is currently 39.39%.
About KONE Oyj
(
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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.
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