KONE Oyj (OTCMKTS:KNYJY - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $26.33 and traded as low as $24.18. KONE Oyj shares last traded at $24.40, with a volume of 31,193 shares trading hands.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada lowered KONE Oyj from a "hold" rating to a "strong sell" rating in a report on Monday, November 25th.
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KONE Oyj Stock Performance
The company's fifty day simple moving average is $26.19 and its two-hundred day simple moving average is $26.32. 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 announced its quarterly earnings results on Thursday, October 24th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.02). KONE Oyj had a net margin of 8.98% and a return on equity of 39.77%. The business had revenue of $3.03 billion during the quarter. On average, equities research analysts anticipate that KONE Oyj will post 0.99 earnings per share for the current year.
KONE Oyj Company Profile
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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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