KONE Oyj (OTCMKTS:KNYJY - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $25.81 and traded as low as $24.37. KONE Oyj shares last traded at $24.43, with a volume of 29,592 shares trading hands.
Analysts Set New Price Targets
Separately, Royal Bank of Canada cut KONE Oyj from a "hold" rating to a "strong sell" rating in a report on Monday, November 25th.
Get Our Latest Report on KONE Oyj
KONE Oyj Price Performance
The company has a market capitalization of $25.76 billion, a PE ratio of 23.62, a price-to-earnings-growth ratio of 3.60 and a beta of 0.68. 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 firm's 50 day simple moving average is $25.75 and its 200 day simple moving average is $26.28.
KONE Oyj (OTCMKTS:KNYJY - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The company reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.28 by ($0.02). KONE Oyj had a return on equity of 39.77% and a net margin of 8.98%. The firm had revenue of $3.03 billion for the quarter. As a group, research analysts anticipate that KONE Oyj will post 0.99 EPS for the current fiscal year.
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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