Kone Oyj (OTCMKTS:KNYJY) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $33.41 and traded as low as $33.30. Kone Oyj shares last traded at $33.36, with a volume of 17,913 shares changing hands.

Kone Oyj Price Performance

The company has a current ratio of 0.98, a quick ratio of 0.83 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $29.47 billion, a price-to-earnings ratio of 31.88, a P/E/G ratio of 2.66 and a beta of 0.65. The company’s 50 day moving average is $33.39 and its 200-day moving average is $32.24.

Kone Oyj (OTCMKTS:KNYJY) last released its quarterly earnings data on Thursday, October 23rd. The company reported $0.25 earnings per share (EPS) for the quarter. Kone Oyj had a return on equity of 39.83% and a net margin of 8.48%.The firm had revenue of $3.23 billion for the quarter. Equities research analysts anticipate that Kone Oyj Unsponsored ADR will post 1.06 earnings per share for the current year.

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.