KONE Oyj (OTCMKTS:KNYJY) Issues Quarterly Earnings Results

KONE Oyj (OTCMKTS:KNYJY) released its quarterly earnings data on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.04), Zacks reports. KONE Oyj had a net margin of 8.98% and a return on equity of 39.77%.

KONE Oyj Trading Down 0.9 %

Shares of OTCMKTS:KNYJY traded down $0.24 during trading on Thursday, reaching $25.21. The company’s stock had a trading volume of 64,505 shares, compared to its average volume of 37,339. The stock has a market capitalization of $22.85 billion, a PE ratio of 24.48, a price-to-earnings-growth ratio of 3.32 and a beta of 0.69. The company has a current ratio of 1.06, a quick ratio of 0.89 and a debt-to-equity ratio of 0.18. The firm’s 50 day simple moving average is $24.88 and its two-hundred day simple moving average is $26.20. KONE Oyj has a 12 month low of $22.69 and a 12 month high of $30.12.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada cut shares of 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.