Kone Oyj (OTCMKTS:KNYJY) Upgraded at BNP Paribas Exane

BNP Paribas Exane upgraded shares of Kone Oyj (OTCMKTS:KNYJY) to a strong sell rating in a report published on Tuesday,Zacks.com reports.

Several other research analysts have also recently weighed in on the company. Sanford C. Bernstein upgraded Kone Oyj to a “strong-buy” rating in a research note on Friday, December 5th. Citigroup downgraded shares of Kone Oyj from a “buy” rating to a “neutral” rating in a report on Monday, January 26th. Royal Bank Of Canada upgraded shares of Kone Oyj from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 13th. Finally, Barclays reaffirmed an “underweight” rating on shares of Kone Oyj in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Kone Oyj Trading Down 0.7%

Shares of KNYJY stock opened at $34.94 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.92 and a current ratio of 1.08. The company has a market capitalization of $31.67 billion, a price-to-earnings ratio of 32.65, a PEG ratio of 2.59 and a beta of 0.64. Kone Oyj has a 52-week low of $25.42 and a 52-week high of $38.29. The company has a 50-day simple moving average of $36.29 and a two-hundred day simple moving average of $34.38.

Kone Oyj (OTCMKTS:KNYJY) last announced its earnings results on Friday, February 6th. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $3.45 billion for the quarter. Kone Oyj had a return on equity of 40.59% and a net margin of 8.76%. Research analysts anticipate that Kone Oyj will post 1.06 EPS for the current fiscal year.

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.