Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Short Interest Update

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 37,734 shares, a growth of 45.9% from the November 30th total of 25,869 shares. Based on an average trading volume of 38,889 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 38,889 shares, the days-to-cover ratio is presently 1.0 days.

Kone Oyj Stock Up 0.2%

Shares of Kone Oyj stock traded up $0.06 on Tuesday, hitting $35.50. The company had a trading volume of 19,568 shares, compared to its average volume of 32,607. The stock has a 50-day moving average of $34.12 and a 200-day moving average of $32.89. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.02 and a quick ratio of 0.86. Kone Oyj has a twelve month low of $23.14 and a twelve month high of $35.73. The firm has a market capitalization of $32.17 billion, a P/E ratio of 34.80, a P/E/G ratio of 2.78 and a beta of 0.65.

Kone Oyj (OTCMKTS:KNYJY) last issued its quarterly earnings data on Thursday, October 23rd. The company reported $0.25 EPS for the quarter. Kone Oyj had a net margin of 8.48% and a return on equity of 38.70%. The business had revenue of $3.23 billion for the quarter. Research analysts predict that Kone Oyj will post 1.06 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on KNYJY shares. Barclays reaffirmed an “underweight” rating on shares of Kone Oyj in a research note on Wednesday, December 3rd. Sanford C. Bernstein upgraded shares of Kone Oyj to a “strong-buy” rating in a research report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About Kone Oyj

Kone Oyj is a Finland-based company that designs, manufactures and services elevators, escalators and automatic building doors. Founded in 1910 and headquartered in Espoo, Kone has grown into a global provider of people-flow solutions, supplying new equipment as well as modernization and maintenance services for a wide range of buildings, including residential, commercial, healthcare, retail and transportation facilities.

The company’s core activities include the engineering and installation of elevator and escalator systems, ongoing maintenance programs to ensure safety and uptime, and modernization of aging equipment to improve performance and energy efficiency.