Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Receives Average Rating of “Hold” from Brokerages

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) has earned a consensus recommendation of “Hold” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company.

Several research firms have recently issued reports on KNYJY. 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. Citigroup lowered Kone Oyj from a “buy” rating to a “neutral” rating in a research report on Monday, January 26th. BNP Paribas Exane raised shares of Kone Oyj to a “strong sell” rating in a research note on Tuesday, March 3rd. Sanford C. Bernstein raised shares of Kone Oyj to a “strong-buy” rating in a research report on Friday, December 5th. Finally, Barclays reiterated an “underweight” rating on shares of Kone Oyj in a report on Wednesday, December 3rd.

Kone Oyj Trading Down 1.3%

Shares of KNYJY opened at $34.49 on Thursday. The firm has a fifty day simple moving average of $36.27 and a two-hundred day simple moving average of $34.43. Kone Oyj has a twelve month low of $25.42 and a twelve month high of $38.29. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $31.26 billion, a P/E ratio of 32.23, a PEG ratio of 2.54 and a beta of 0.64.

Kone Oyj (OTCMKTS:KNYJY) last posted its quarterly earnings data on Friday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter. Kone Oyj had a return on equity of 40.59% and a net margin of 8.76%.The business had revenue of $3.45 billion during the quarter. On average, research analysts anticipate that Kone Oyj will post 1.06 EPS for the current 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.