KONE Oyj (OTCMKTS:KNYJY) Receives Average Rating of “Hold” from Analysts

KONE Oyj (OTCMKTS:KNYJY) has been given a consensus rating of “Hold” by the fourteen analysts that are presently covering the company, Marketbeat reports. Nine research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Several research firms have recently commented on KNYJY. Danske upgraded KONE Oyj from a “sell” rating to a “hold” rating in a report on Friday, April 30th. HSBC raised KONE Oyj from a “hold” rating to a “buy” rating in a research note on Monday, March 29th. Zacks Investment Research raised KONE Oyj from a “sell” rating to a “hold” rating in a research note on Wednesday, April 7th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of KONE Oyj in a research note on Thursday, April 29th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of KONE Oyj in a research note on Wednesday.

Shares of KNYJY traded down $0.85 during trading hours on Friday, hitting $40.95. The company had a trading volume of 15,737 shares, compared to its average volume of 13,153. The firm has a market cap of $42.42 billion, a price-to-earnings ratio of 37.22 and a beta of 0.49. The company’s 50 day moving average is $40.93. The company has a current ratio of 1.05, a quick ratio of 0.93 and a debt-to-equity ratio of 0.10. KONE Oyj has a 52-week low of $38.25 and a 52-week high of $44.80.

KONE Oyj (OTCMKTS:KNYJY) last released its quarterly earnings data on Wednesday, April 28th. The company reported $0.22 EPS for the quarter. The firm had revenue of $2.80 billion for the quarter. KONE Oyj had a return on equity of 35.64% and a net margin of 9.76%.

About KONE Oyj

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. It offers elevators, escalators, auto walks, and automatic building doors. The company also provides maintenance services under the KONE Care and KONE 24/7 Connected Services brand names; modernization solutions; and various residential solutions.

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Analyst Recommendations for KONE Oyj (OTCMKTS:KNYJY)

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