KONE Oyj (OTCMKTS:KNYJY) Short Interest Update

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 13,700 shares, an increase of 470.8% from the January 31st total of 2,400 shares. Based on an average daily trading volume, of 67,300 shares, the days-to-cover ratio is presently 0.2 days.

KONE Oyj Price Performance

Shares of KNYJY stock traded up $0.89 during trading hours on Monday, hitting $28.98. 17,575 shares of the company's stock were exchanged, compared to its average volume of 34,569. The stock's 50-day moving average is $25.71 and its 200-day moving average is $26.52. The stock has a market cap of $26.27 billion, a price-to-earnings ratio of 29.27, a price-to-earnings-growth ratio of 2.70 and a beta of 0.69. KONE Oyj has a 52 week low of $22.69 and a 52 week high of $30.12. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.13 and a quick ratio of 0.89.

KONE Oyj (OTCMKTS:KNYJY - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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, research analysts forecast that KONE Oyj will post 1.06 EPS for the current year.

KONE Oyj Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be paid a $0.9388 dividend. This is an increase from KONE Oyj's previous dividend of $0.94. The ex-dividend date of this dividend is Friday, March 7th. KONE Oyj's dividend payout ratio (DPR) is currently 39.39%.

Remove Ads

Analyst Ratings Changes

Separately, Royal Bank of Canada lowered KONE Oyj from a "hold" rating to a "strong sell" rating in a research note 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.