Short Interest in KONE Oyj (OTCMKTS:KNYJY) Grows By 214.1%

KONE Oyj (OTCMKTS:KNYJY) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 28,900 shares, an increase of 214.1% from the February 28th total of 9,200 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 45,900 shares, the short-interest ratio is currently 0.6 days.

KONE Oyj Stock Down 0.1 %

KONE Oyj stock opened at $27.90 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.13. The stock has a market cap of $25.29 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 2.70 and a beta of 0.67. KONE Oyj has a fifty-two week low of $22.69 and a fifty-two week high of $30.12. The firm’s 50-day simple moving average is $27.56 and its 200 day simple moving average is $26.84.

KONE Oyj (OTCMKTS:KNYJY) last released its earnings results on Thursday, January 30th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.04). KONE Oyj had a net margin of 8.57% and a return on equity of 38.04%. Research analysts predict that KONE Oyj will post 1.06 EPS for the current fiscal year.

KONE Oyj Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be paid a $0.9388 dividend. This is a boost from KONE Oyj’s previous dividend of $0.94. The ex-dividend date is Friday, March 7th. KONE Oyj’s payout ratio is presently 41.41%.

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.