KONE Oyj (OTCMKTS:KNYJY) Shares Pass Above Fifty Day Moving Average of $23.65

KONE Oyj (OTCMKTS:KNYJY)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $23.65 and traded as high as $25.90. KONE Oyj shares last traded at $25.90, with a volume of 19,519 shares changing hands.

KONE Oyj Stock Performance

The business has a 50 day moving average price of $23.65 and a two-hundred day moving average price of $23.55. The stock has a market cap of $27.42 billion, a P/E ratio of 26.16, a price-to-earnings-growth ratio of 2.35 and a beta of 0.69. The company has a quick ratio of 0.97, a current ratio of 1.13 and a debt-to-equity ratio of 0.16.

KONE Oyj (OTCMKTS:KNYJY) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $0.21 earnings per share for the quarter. The business had revenue of $2.79 billion during the quarter. KONE Oyj had a return on equity of 37.44% and a net margin of 8.62%. On average, sell-side analysts forecast that KONE Oyj will post 1.11 earnings per share for the current fiscal year.

KONE Oyj Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 26th. Investors of record on Monday, March 4th were paid a dividend of $0.9374 per share. This is a boost from KONE Oyj’s previous dividend of $0.57. The ex-dividend date was Friday, March 1st. KONE Oyj’s dividend payout ratio (DPR) is presently 57.58%.

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.