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KONE Oyj (OTCMKTS:KNYJY) Shares Pass Below 50 Day Moving Average - Here's What Happened

KONE Oyj logo with Industrial Products background

KONE Oyj (OTCMKTS:KNYJY - Get Free Report)'s share price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $27.82 and traded as low as $25.62. KONE Oyj shares last traded at $25.79, with a volume of 62,180 shares.

KONE Oyj Stock Performance

The stock's 50-day moving average is $27.82 and its 200-day moving average is $26.47. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.89 and a current ratio of 1.06.

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.02). KONE Oyj had a return on equity of 39.77% and a net margin of 8.98%. The company had revenue of $3.03 billion for the quarter. Analysts predict that KONE Oyj will post 1.1 EPS for the current year.

KONE Oyj Company Profile

(Get Free Report)

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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