Short Interest in KONE Oyj (OTCMKTS:KNYJY) Grows By 214.1%

KONE Oyj (OTCMKTS:KNYJY) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 28,900 shares, a growth of 214.1% from the February 28th total of 9,200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 45,900 shares, the short-interest ratio is currently 0.6 days.

KONE Oyj Trading Down 0.1 %

Shares of KNYJY stock opened at $27.90 on Friday. KONE Oyj has a 52-week low of $22.69 and a 52-week high of $30.12. The business’s fifty day moving average is $27.56 and its 200 day moving average is $26.84. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.13. The company has a market capitalization of $25.29 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 2.70 and a beta of 0.67.

KONE Oyj (OTCMKTS:KNYJY) last issued its quarterly 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 net margin of 8.57% and a return on equity of 38.04%. On average, equities research analysts anticipate that KONE Oyj will post 1.06 EPS for the current fiscal 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. The ex-dividend date is Friday, March 7th. This is a boost from KONE Oyj’s previous dividend of $0.94. KONE Oyj’s payout ratio is currently 41.41%.

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.